Industrial Asset Management Council (IAMC)

Once the original capital of the United States, Philadelphia has a history enriched with culture, history and symbolism. The city is a melting pot of races, traditions and immigrant cultures and also possesses amenities that only the city's own heritage can provide. It is the home to the Liberty Bell and the Declaration of Independence, both tributes to the city's revolution.

Widely known as Philly, Philadelphia is the largest city in the state of Pennsylvania. Philadelphia is:

One of the most business friendly states in the U.S., Pennsylvania offers easy access to capital, low tax rate, and numerous colleges and universities so access to top quality brain power is easy. It is especially well-positioned to succeed in the global marketplace in four key industries:

Life Sciences
Chemicals
Financial Services
Information Technology

Major employers include:

Leading Employers
Jefferson Health System
University of Pennsylvania
Merck & Company, Inc.
Supervalu Inc. (Acme)
Lockheed Martin Corporation
Wal-Mart
UPS

Sources cited:
SelectGreaterPhiladelphia.com
Inventpa.com

The TEK Park technology campus in Lehigh Valley will be home to a new Advanced Technology Center from DBSi, a provider of secure hosting, disaster recovery and data center services that operates several such centers in the region.

Finance, health care and IT are the sectors that most stand to benefit from new data center and high-speed network infrastructure in northeast Pennsylvania.

If lower Manhattan's Wall Street weren't blocked by Broadway and Trinity Church (to say nothing of the Hudson River), it might keep going in a westerly direction all the way into northeast Pennsylvania. The former cow path, now the most recognized road in all of finance, never leaves Manhattan. But a chunk of northeast Pennsylvania has been calling itself Wall Street West since 2006. That was the year a consortium of public and private partners – economic development offices, schools and universities, chambers of commerce, work-force-development boards, private companies and others – were awarded a $15-million U.S. Dept. of Labor WIRED (Workforce Innovation Regional Economic Development) grant. The Commonwealth kicked in $6 million, making it possible for the consortium to formally launch the initiative.

In December 2008, Governor Edward G. Rendell said employers in Berks, Blair and Westmoreland counties would create more than 500 jobs with the help of low interest loans from the commonwealth that would drive a total of about $6 million in economic activity to those areas. �

The Governor announced that the Pennsylvania Industrial Development Authority had approved $2 million in loans that would leverage another $3.5 million in private investment. �

"Even in this tough economy, Pennsylvania is continuing to make sound investments that help our businesses and communities grow and create new opportunities," Governor Rendell said. "Even today, companies are looking to move, expand and start operations in Pennsylvania. We cannot fall silent. We must continue to encourage companies to invest, grow and create jobs in Pennsylvania."