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Pittston, Luzerne County, PA -
Penn’s Northeast proudly acknowledges its role in contributing to this significant achievement.
For the first time, Northeastern Pennsylvania was recognized as one of the best locations across the entire United States for economic development projects.
The Governor’s Cup Awards, produced annually by Site Selection Magazine, records the top places in the United States based on completed economic development projects.
Penn’s Northeast compiled and submitted a list of all projects that met the criteria as outlined by the publication. This year the region ranked in the Top 10 Tier 2 Metros (population 200k – one million) for both the total number of projects and per capita.
“This impressive ranking demonstrates the exceptional work we do as economic developers in cooperation with our members and partners at the local, regional, and state levels, said John L. Augustine III, president/CEO of Penn’s Northeast.
“There's no question that more and more companies are seeking out Northeastern PA as a place of choice for new business development. Our location continues to be one of the strongest selling points. You can reach one-third of the United States and half of Canada in a one-day drive from Northeastern Pennsylvania. Companies continue to recognize this as they need to get their products to market and consumers as quickly as possible.
In addition to our strategic location, reliable utilities, and dedicated workforce coupled with an amazing education network, our region continues to stand out amongst many other areas of the country. The results show that Northeastern Pennsylvania continues to be a top location in the United States for companies looking to grow their business.
Augustine added that the trend of unprecedented growth, not just in warehouse distribution, but also in manufacturing continues.”
Conway Data, the world’s oldest, most comprehensive economic development consulting firm, produces a bi-monthly expansion planning publication called Site Selection.
The award-winning magazine is recognized as the leading publication in corporate real estate, facility planning, location analysis, and foreign direct investment.
Penn's Northeast is the regional economic development agency, whose goal is to attract quality employers to Northeastern PA and enhance the economy through new investments,
and job creation.
For more information about Penn’s Northeast, visit www.pennsnortheast.com or call 1.800.317.1313