CEO Guide to Site Selection

Pennsylvania

THE KEYS TO SUCCESS

The Keystone State has a new 10-year economic development strategy with a clear path toward growing the economy through 2033. The goals and strategic initiatives are to prioritize economic growth to compete, make government work at the speed of business by cutting through red tape and open the doors of opportunity with more internships, apprenticeships and learning opportunities. The plan also prioritizes innovation and building vibrant and resilient regions by investing more in communities. Gov. Josh Shapiro notes that it’s the first time in two decades the state has had a strategy that unites public, privacy, nonprofit and academic sectors behind a common goal.

"Pennsylvania has the only divided legislature in the country, but we’ve shown two years in a row that we can come together to pass balanced budgets that invest in Pennsylvanians, grow our economy and create real opportunity for people all across the Commonwealth.”
Josh Shapiro
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2020 and 2023

KEY INCENTIVES

Job Creation Tax Credit (JCTC): Offers a tax credit of $1,000 per year for three years for each job for companies that create at least 25 jobs or expand existing employment by 20%.

Pennsylvania First Program (PA First): Offers grants, loans or loan guarantees for large-scale competitive “targeted industry” projects that involve significant job growth and capital investment.

Qualified Manufacturing Innovation & Reinvestment Deduction: Offers a 5% corporate tax deduction for up to five years for companies that invest more than $100 million in a manufacturing facility.

Pennsylvania Industrial Development Authority (PIDA) Loan: Offers low-interest loans to finance land, building, machinery and equipment costs for businesses that commit to creating or retaining jobs.

EDCs

PA Department of Community & Economic Development

dced.pa.gov

Harrisburg Regional Chamber & CREDC

harrisburgregionalchamber.org/economic-business-de- velopment

PIDC Philadelphia

pidcphila.com

Pittsburgh: Next is Now

pittsburghregion.org

HIGHLIGHTED PROGRAM OR INITIATIVE

Penn State has received more than $1.4 million from grant money and industry partners to help support a comprehensive workforce development initiative. The
program will fund workshops, educational courses and training opportunities to help prepare citizens for high-demand jobs in the semiconductor industry.

BIG DEALS

  • Ralph S. Alberts Co. announced in January 2024 an expansion and 110 new jobs in Lycoming County.
  • Victaulic announced in July 2024 a $100 million expansion and 214 new jobs.
  • Adare Pharma Solutions broke ground in September 2024 on a $16.8 million expansion, which includes the relocation of its global headquarters from New
    Jersey to Philadelphia.
  • Country View Family Farms cut the ribbon in September 2024 on a $47.3 million expansion project in Union County. It is expected to create at least 51 jobs.
  • Universal Ingredients Shank’s cut the ribbon in September 2024 on a $30.5 million expansion of its headquarters in East Hempfield Township.
  • Greece-based manufacturer Flexopack announced in October 2024 a $33 million facility and at least 64 new jobs in Lebanon County.

BIG COMPANIES

Twenty Fortune 500 companies headquartered in state, including:

  • Aramark
  • Cencora
  • Comcast
  • PNC Financial Services Group
  • PPG Industries
  • Rite Aid
  • United States Steel
  • WESCO International
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.