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BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

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Page 1: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

BUSINESS RETENTION & RECRUITMENT

How Pennsylvania

Retains and Recruits Businesses

Page 2: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Pennsylvania’sOfferings Workforce: 6 million people; 86% w/ at least a high school degree Unionized workers: 18% (and decreasing) 17th largest economy in the world Infrastructure: 6 international airports, 5,600 miles

of railways, 44,000 miles of highways, and 3 major ports with access to the Great Lakes, Atlantic Ocean and Gulf of Mexico

Pennsylvania is within 500-mile radius of: More than 40 percent of the U.S. and Canadian population

and purchasing power More than 60 percent of Canada's population 45 percent of U.S. manufacturers 41 percent of the nation's domestic trade and service

industries

Page 3: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Retention & Recruitment Strategies

Ensure open communications between state and local leaders

Provide comprehensive access to state and regional information about site location, expansion and workforce development

Financially support important economic development, expansion and retention opportunities

Page 4: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

TeamPennsylvania

Pennsylvania's inability to be competitive in the global marketplace

Business leaders wanted a place at the table - real face time w/ Pennsylvania's policy makers

In 1997, Team PA concept was born Focus on Pennsylvania's job growth and

business environment Also coordinate efforts with other economic

development and civic organizations

Page 5: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Team PennsylvaniaWhat It Is...

Not-for-profit 501(c)(3) Independent of a single government

entity Board is co-chaired by the

Commonwealth's CEO - the Governor Comprised of leaders from the public,

business, and economic development sectors

Page 6: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Team PennsylvaniaWhat It Does...

Ambassador/Student Ambassador Program Business Resource Network Business Resource Center Global Competitive Investment Initiative Workforce Partnership Initiative Plan for a New Pennsylvania Industrial Resource Centers Network of PA Governor’s Action Team Partners in Education Young Professionals Conference Best Places to Work in PA Competition Economic Development Training & Support Venture Capital International Investment & Trade Efforts

Page 7: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Governor’s Action Team

Group of seasoned economic development professionals

“Inside Guide” to all the tools, advantages and opportunities available for businesses in the Commonwealth

Single point of contact for businesses that are evaluating Pennsylvania as a site for a facility location or expansion

Page 8: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Governor’s Action TeamSingle Point of Contact

An accessible, informed resource for business information and assistance.

Reports directly to the Governor Works with domestic and international

businesses, as well as professional site consultants, on projects involving significant investment and job creation opportunities

Page 9: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Governor’s Action TeamInside Guide

Workforce characteristics Demographic information Permit and regulation assistance Infrastructure and utility data State and local tax information Quality of life statistics and information Pinpointing the right location for your

company

Page 10: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Top 2004 ProjectsBy Total Project Costs

  Total State Jobs

Jobs Retain

ed CountyCompany Project Cost Assistance Created

Alcoa Corporate-Wide $ 415,337,120 $ 2,000,000 0 3,709 Allegheny

Merck $ 200,000,000 $ 5,400,000 800 14,000 Montgomery

Fairchild Semiconductor $ 143,000,000 $ 5,325,000 320 292 Luzerne

Allegheny Ludlum/Allegheny Technologies Consortium $130,255,335 $1,000,000 0 3,519 Allegheny

Bayer Corporation $ 100,000,000 $ 6,700,000 0 2,129 Allegheny

Comcast Corporation $ 90,000,000 $ 17,070,000 1,350 1,400 Philadelphia

Olympus America $ 84,000,000 $ 12,050,000 750 0 Lehigh

Air Products and Chemicals $ 78,000,000 $ 600,000 0 330 Schuylkill

ACE INA $ 75,000,000 $ 14,750,000 300 1,200 Philadelphia

Aconcaqua Timber Company $ 60,090,000 $ 11,290,000 200 0 Clarion

Page 11: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Top 2004 ProjectsBy Total Jobs Created

  Total State Jobs

Jobs Retain

ed CountyCompany Project Cost Assistance Created

Comcast Corporation $ 90,000,000 $ 17,070,000 1,350 1,400 Philadelphia

Merck $ 200,000,000 $ 5,400,000 800 0 Montgomery

SSR, Inc. $ 8,400,000 $ 3,186,000 786 0 Allegheny

Olympus America $ 84,000,000 $ 12,050,000 750 0 Lehigh

Advance Auto Parts $ 55,000,000 $ 3,225,000 500 0 Lehigh

excellRx $ 3,000,000 $ 3,086,000 462 208 Philadelphia

Shire Pharmaceuticals $ 10,000,000 $ 5,200,000 400 0 Chester

Electronics Boutique $ 22,500,000 $ 4,361,000 337 806 Chester

Fairchild Semiconductor $ 143,000,000 $ 5,325,000 320 292 Luzerne

Capitol Title Group $ 3,200,000 $ 1,914,000 307 0 Washington

Page 12: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Business Recruitment Success Story

AppTec Laboratory Services: a biopharmaceutical and medical device-testing firm

Chose Pennsylvania as the home for its new state-of-the-art facility

Building at the Philadelphia Naval Business Center, a designated Keystone Opportunity Zone

Creating 200 new jobs in Pennsylvania

Page 13: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

AppTec’s Project Financing $20 million project Construction of a 75,000-square-foot facility,

which will allow the company to relocate their Camden, NJ, facility to Philadelphia

GAT worked with AppTec to make this project a reality Administration agreed to provide a $750,000

financial package $250,000 Opportunity Grant Up to $500,000 through the Machinery and

Equipment Loan Fund (MELF)

Page 14: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Governor’s Action Team

Headquarters located in Harrisburg Six regional offices 866-GO-NEWPA (866-466-3972)

Page 15: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

PittsburghRegional Alliance

Affiliate of the Allegheny Conference on Community Development, along with the Greater Pittsburgh Chamber of Commerce, & Pennsylvania Economy League – Western Division

Mission is to globally market southwestern Pennsylvania and support existing regional employers to grow jobs and capital investment

Page 16: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

A Source forSouthwestern PA Information

Business incentives Cost of living Demographics Educational institutions Funding resources International business alliances Quality of life Real estate options Transportation network Utilities infrastructure Workforce education and training programs

Page 17: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Pittsburgh Regional AllianceAreas of Service

Data & demographics Assistance for entrepreneurs Commercial real estate International business Market research & analysis Cost of living calculator Regional company list Xplorion regional showcase

Page 18: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

XPLORION

State-of-the-art show- case for Southwestern Pennsylvania Combines aerial photography, a geographic

information system, and other advanced technologies

Powerful tool for quickly learning about the region's assets, attractions, and industrial and commercial sites

Free and open to the public Also available by appointment for private

tours, demonstrations, news conferences and meetings

Page 19: BUSINESS RETENTION & RECRUITMENT How Pennsylvania Retains and Recruits Businesses

Business Retention & Recruitment Financial Incentive Programs

Dept of Community & Economic Development

PA Dept of Agriculture Finance Programs Keystone Opportunity Zones Railways Property Directory Welfare To Work Tax Credits Work Opportunity Tax Credits Independent Access Capital Network Incentive/Assistance Programs Ben Franklin Technology Partners