• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Pennsylvania Resources Page
Inward Investment Guides

Food & Beverage Processing Firms Drawn By the Right Mix of Assets in Lehigh Valley, PA

Area Development Research Desk (2015 Food Processing)
The Lehigh Valley provides a central location with a well-developed transportation infrastructure, a low cost of doing business, and the availability of agricultural products to today’s innovative food processors that are catering to the changing demands of consumers. More

Emerging Clusters Take Up the Technology Challenge

Dale D. Buss, Staff Editor,  (Q3 2015)
Rivaling the reigning tech hubs, city and state leaders are seizing opportunities to grow their cutting-edge electronic and digital sectors. More

2015 Gold & Silver Shovel Awards Recognizing Excellence in State Job Creation and Economic Development Efforts

Area Development Special Presentation (Q2 2015)
Area Development’s annual awards recognize individual states for their overall economic development effectiveness. This year, we honor 21 states for their achievements in 2014 in garnering investment and job creation with Texas, Georgia, Tennessee, South Carolina and Nevada awarded the Gold Shovel. More

Shale Gas Revitalizing U.S. Manufacturing Industry…While Environmentalists Have Their Say

Geraldine Gambale, Editor, Area Development Magazine (Directory 2015)
Although some states are rolling back or banning fracking due to potential environmental impact, overall, U.S. shale gas development and production is surging and helping to trigger a resurgence in manufacturing. More

Regional Report: Growth in Biomedicine, Energy, and Food Processing Helping Mid-Atlantic Prosperity

Mark Crawford (Directory 2015)
In general, the Mid-Atlantic’s strongest sectors are financial and business services, healthcare, biomedicine, food processing, and energy. It’s been an uneven year for the Mid-Atlantic, but there are plenty of bright spots to light the way. More

Revolutionary Advances in Life Sciences amid Industry Disruption and Uncertainty

Mark Crawford (Q4 2014)
Major economic, social, and regulatory factors are having big impacts on the life sciences and medical device industries, representing an opportunity for innovative companies to become new leaders and gain market share. More

Building Agility into the Supply Chain

Will O’Shea, Chief Sales and Marketing Officer, XPO Last Mile (Q3 2014)
With delivery speed now a competitive differentiator, companies must ensure they have a “shippable” delivery on hand. More

Domestic Oil Production Spurs Regional and Manufacturing Industry Renaissance

Bruce Rutherford, International Director, Global Energy Practice Leader, JLL (Q3 2014)
Today's thriving domestic energy industry is stimulating local economies across the map, from major cities like Denver and Houston, to small towns at the epicenter of shale plays like Williston, North Dakota. More

PENNSYLVANIA at a glance

POPULATION: 12,773,801

LABOR FORCE: 6,347,000


TRADITIONAL INDUSTRIES:Energy, life sciences, agriculture, advanced manufacturing and materials, tourism

TARGETED INDUSTRIES: Energy, life sciences, advanced manufacturing and materials, technology, agribusiness, plastics, aviation

COLLEGE GRADUATES: (Age 25 and over) 27.0%

Corporate Net Income Tax: 9.99 percent on federal taxable income, without the federal net operating loss deduction and special deductions, and modified by certain additions and subtractions. Domestic and foreign corporations are subject to the corporate net income tax for the privilege of doing business; carrying on activities; having capital or property employed or used in Pennsylvania; or owning property in Pennsylvania.

Capital Stock and Foreign Franchise Tax: Imposed at a rate of 0.67 mills; this tax is being phased out and is anticipated to be completely eliminated by 2016. Entities exempt from the capital stock/foreign franchise tax include certain qualifying not-for-profit organizations, homeowners’ associations, membership organizations, family farm corporations, agricultural cooperatives, restricted professional companies, and business trusts.

Sales and Use Tax: 6 percent on the retail sale, consumption, rental or use of tangible personal property in Pennsylvania. The tax is also imposed on certain services relating to such property and on the charge for specific business services. By law, a 1 percent local tax is added to purchases made in Allegheny County, and 2 percent local tax is added to purchases made in Philadelphia. Major items exempt from the tax include food (not ready-to-eat), candy and gum, most clothing, textbooks, computer services, pharmaceutical drugs, sales for resale, and residential heating fuels such as oil, electricity, gas, coal and firewood.

Property Tax: Imposed by counties, municipalities, and school districts on the assessed value of property as established by local assessor; no county or state tax on personal property, whether tangible or intangible

Department of Community and Economic Development (DCED) - Single Application for Assistance - eligible uses of the programs include:

Grants and loans for:
• Business relocation/attraction
• Business retention
• Expansion and construction
• Infrastructure
• Land and building acquisition
• Machinery and equipment purchases
• Planning (agriculture and tourism)
• Site remediation
• Start-up businesses
• Technical assistance
• Technology development & investment
• Work force development
• Working capital

Private financing:
• Tax-exempt and taxable bonds
• Loan Guarantees

Venture capital loans:
• Company investment
• Job creation
• Tax Abatements

Principal Manufacturing industries

  • Chemical Products
  • Food, Beverage & Tobacco Products
  • Fabricated Metal Products
  • Primary Metals
  • Machinery
  • Computer & Electronic Products
  • Other Transportation Equipment
  • Paper Products
  • Plastics & Rubber Products
  • Other Manufacturing Industries