Pennsylvania currently has one of the nation’s top 10 largest state economies, with more than 20 Fortune 500 companies headquartered in the state. Alma Group, West Pharmaceutical Services and Guardian Booth have announced projects here. Manufacturers MD Electronics, Re:Build Manufacturing and Prysmian Group North American also recently announced more than $400 million in investments to create over 500 jobs. The Keystone State is now trying to push more urban growth into its rural areas and coal-impacted communities. A new report by Brookings Institute noted that the state has many of the assets needed for innovation-driven development, including leading universities and a diverse talent pool to foster high-quality economic growth across all industries.
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.
dced.pa.gov
harrisburgregionalchamber.org/economic-business-de- velopment
pidcphila.com
pittsburghregion.org
Pennsylvania is currently working on its first economic development strategy in nearly two decades. The Shapiro Administration is meeting with businesses and economic development leaders across the state. As part of the new plan, it has also announced PA Sites (Pennsylvania Strategic Investments to Enhance Sites), a program that will offer $10 million in grant funding to conduct site assessments and prepare them for remediation.
23 Fortune 500 companies headquartered in the state, including:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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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:
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.
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.
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.
