Seizing upon the momentum of Penn-sylvania's job
growth in 2000 (109,000 new jobs -- the largest annual increase in
12 years), Gov. Ridge earlier this year unveiled two programs designed
to boost the number of knowledge workers.
The first initiative, announced Feb. 6, authorizes
a $10 million investment into a "Brain Gain" crusade to keep Pennsylvania's
young people working in Pennsylvania. "In all the hard numbers --
jobs created, dollars invested and square footage of new plants and
offices -- Pennsylvania now is one of the top states in the nation,"
the governor says. "We have seized the power of technology and re-established
Pennsylvania as a center of innovation. But we won't be able to truly
ensure our long-term prosperity without keeping our young people in
Pennsylvania."
Brain Gain funds 5,000 internships for Pennsylvania
students with in-state companies. The Stay Invent the Future Internship
Corps is designed to link the state's best students with Pennsyl-vania
employers.
In 1995, the U.S. Census Bureau predicted that
Pennsylvania would lose 50,000 residents by 2000. Instead, the state
gained 236,000. That's like "adding another Dauphin County to the
state," says Ridge. "That's good, but not good enough."
That's why the governor is putting his state's
tax dollars where his mouth is on life sciences. On April 30, he announced
a plan to make $90 million available to build on the biotechnology
research taking place at Pennsylvania's top universities. The money
will subsidize the process of designing the governor's landmark Life-Sciences
Greenhouse initiative.
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PENNSYLVANIA NEW PLANTS
20 Largest New & Expanded Plants in Pennsylvania
First Quarter 2001 Corporate Announcements
|
Company |
Location
|
Capital Investment |
Jobs |
Matrix Group |
Lower Makefield
|
$250 million |
N/A |
Preferred RE |
Chester
|
$150 million |
N/A |
Corning Inc. |
East Benton
|
$140 million |
1,500 |
Fay Penn Fiber |
Georges
|
$130 million |
220 |
O'Neill Properties |
West Norriton
|
$90 million |
N/A |
Leggat McCall |
Philadelphia
|
$80 million |
N/A |
Sony Electronics |
East Huntingdon
|
$70 million |
N/A |
Archon Group |
Philadelphia
|
$60 million |
N/A |
Bayer Corp. |
Myerstown
|
$60 million |
N/A |
Croda Inc. |
Mill Hall
|
$55 million |
50 |
Vartan Enterprises |
Reading
|
$50 million |
N/A |
ICT Group |
Newtown
|
$45 million |
N/A |
Marriott |
Pittsburg
|
$44 million |
N/A |
Alcoa |
Pittsburg
|
$35 million |
N/A |
Alcan Packaging |
Bethlehem
|
$30 million |
321 |
Vanguard Financial |
Malvern
|
$30 million |
750 |
Officesupplies.com |
Upper Dublin
|
$27 million |
74 |
Cellomics |
Pittsburg
|
$26 million |
317 |
PPG Industries |
Meadville
|
$23 million |
N/A |
Latrobe Brewing |
Latrobe
|
$15 million |
N/A |
Source: Conway Data Inc. New Plant Database.
|
"You represent a promise for Pennsylvania's future,"
Ridge told a group of biotech industry leaders at a Life-Sciences
Summit in Harrisburg. "You have the ability to transform Pennsylvania
by unleashing a new generation of medical breakthroughs that will
improve the quality of life of our citizens in ways we could not have
imagined only a few short years ago. And, in so doing, you will spark
job growth across the state."
The goal of the Life-Sciences Greenhouse initiative
is simple: establish three centers -- one each in Southwest, Southeast
and Central Pennsylvania -- to focus on the unique assets and potential
of the region, linked by a statewide coordinating team. The program
uses surplus tobacco settlement money to seed the growth of biotech
firms.
Pennsylvania's pharmaceutical and bio-pharmaceutical
industries employ more than 31,300 people at a total payroll of more
than $2.6 billion, according to the Pennsylvania Dept. of Community
& Economic Develop-ment (DCED). The state's core biotech industry
includes about 150 companies with some 6,000 employees. The state
also ranks fourth nationally in employment by the medical supplies
and devices sector.