Business Facilities - March 2008 - (Page 50)

By Mitchell Banks Access Your Markets from Pennsylvania Locating in Pennsylvania gives your business the ability to easily reach six major U.S. markets. We highlight two areas of the state that deserve your consideration. F rom its major cities to its rural farmland and Great Lakes access, Pennsylvania is a state with something to offer all businesses. Most of all, Pennsylvania gives companies a way to be in the middle of one of the largest markets in the United States, with access to diverse pools of talent and labor as well as customers of every social group and income level. The state’s workforce is highly skilled, thanks to some of the best colleges and universities in the world. Companies like Merck, Shire Pharmaceuticals, Olympus America, and Comcast Corporation have all decided to locate or expand in the Commonwealth of Pennsylvania, and so should you. Pennsylvania’s status as the 17th largest economy in the world is directly linked to the fact that six out of 10 major U.S. market areas lie MARCH 2008 within a 500-mile radius of its capital, Harrisburg. Within this radius lies access to vital markets that encompass 40% of the U.S. population and purchasing power, more than 60% of Canada’s population, 45% of U.S. manufacturers, and 41% of the nation’s domestic trade and service industries. Of Pennsylvania’s work force of 6,299,000, 82% have earned at least a high school diploma. Given the state’s size, it can take some time to thoroughly evaluate all the great options in Pennsylvania during a corporate site search. Although much attention is paid to Philadelphia and Pittsburgh, these cities are not the final word in outstanding Pennsylvania business locations. Two other areas, Northeast Pennsylvania and Central Pennsylvania, offer compelling stories and prime properties for your growing company. NORTHEAST PENNSYLVANIA: CONTINUED GROWTH IN BIOTECHNOLOGY In July of 2007, Sanofi Pasteur completed construction of a $150 million flu vaccine production plant in Swiftwater, PA. The 140,000square-foot facility will create 100 jobs and double the influenza vaccine manufacturing capability of the company in the United States; in fact, it’s the only place in the country where the vaccine is made. The building, which is the largest facility of its kind it northeast Pennsylvania, is part of the company’s sprawling 500-acre, 44-building campus. Sanofi Pasteur’s presence complements many other businesses that have moved to the area in the past few years to service the biotechnology industry. For example, C3i, Inc., a leading provider of customer relationship A S P E C I A L A D V E R T I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S 50 PHOTO CREDITS: EYEWIRE IMAGES; ISTOCKPHOTO

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Business Facilities - March 2008 Contents First Word Snapshots California Seeks Immigration Reform To Spur Economic Growth Outside the Biotechnology Clusters Global Biotech Competition Heats Up Location Is Key To Your Bottom Line New Incentives For New Hampshire Metro Spotlight: Jersey City, NJ Europe's Center For Goods, Real and Virtual Access Your Markets From Pennsylvania Corporate Moves: Illinois Louisiana Upgrades Important Port Road Projects To Accelerate Michigan's Economy Corporate Moves: South Carolina Metro Spotlight: Salt Lake City, UT Advertiser Index Inside LiveXchange

Business Facilities - March 2008

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