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December 2011

New study reveals Greater Philadelphia is among the nation's top five R&D hubs

In this Issue

New Select Study Finds: Greater Philadelphia is a Major U.S. Center for R&D »

Mayor Nutter Signs into Law Business Tax Cuts »

New Data Center to Open in Wilmington »

Teva Builds a $300M Distribution Facility in NE Phila; Benefits from Generic Lipitor »

NJ Wraps its "100 Business Initiative" with Trenton Manufacturer »

Iconic Chinatown Structure is Planned »

Philadelphia is a National Model for Green Stormwater Management»

Online Publisher Adds Philadelphia to its MedCity Coverage »

Simeone Wins International Recognition »

Barnes & Noble, Starbucks Open in Downtown Camden »

Wilmington's Incyte Wins FDA Approval of New Drug »

Four Regional Firms Named as America's Most Promising »

Key Events

12/15 Campus Philly's Annual Meeting »

12/14 20th Anniversary/Holiday Luncheon »

12/13 Women in the Workforce »

Visit our Business Calendar for a complete listing of regional events and forums for the entrepreneurial community.

Have story ideas? Please contact Bryan Evans, Director of Public Relations and Publications.

selectgreaterphiladelphia.com

Happy Holidays

The generous contributions of more than 100 local businesses, foundations, individuals and government partners enable Select to advance the regional economy through the addition of new businesses and jobs. Thank You and Best Wishes for the Holiday Season and New Year. See a full list of Select Greater Philadelphia's Investors here.

New Investor

Manko, Gold, Katcher & Fox concentrates its practice in environmental, energy, and land use law and litigation. It represents clients ranging from Fortune 100 corporations to small, privately held enterprises, both in the Mid-Atlantic region and on a national basis.

Learn more »

New Select Study Finds: Greater Philadelphia is a Major U.S. Center for R&D

Christie

A new study by Select Greater Philadelphia finds that the region is a top U.S. center for research and development (R&D) activity, a key to economic growth. Select found that Greater Philadelphia is among the nation's top five R&D hubs...

Read more »

Mayor Nutter Signs into Law Business Tax Cuts

Significant changes to Philadelphia's business taxes are now law after Mayor Michael Nutter signed legislation passed by City Council and intended to boost the city's economic competitiveness...

Read more »

New Data Center to Open in Wilmington

Christie

Berkley Technology Services is expanding in Wilmington with a new data center set to open early next year. The newly leased, 70,000-square-foot office will allow the company to expand and is expected to create 17 new jobs by December 2013, including technical and helpdesk support, computer engineers and senior managers.

Read more »

Teva Builds a $300M Distribution Facility in NE Phila; Benefits from Generic Lipitor

Construction is underway in Northeast Philadelphia on a new, state-of-the-art distribution center for Teva Pharmaceuticals. The $300 million project, scheduled to be completed in mid-2013, will employ about 400 within three years...

Read more »

NJ Wraps its "100 Business Initiative" with Trenton Manufacturer

Switlik Parachute, a fourth-generation, family-owned Trenton manufacturer, was the last stop in November in the Christie administration's "100 Business Initiative." Begun in February, the series of visits to businesses of all sizes across key industries was intended to demonstrate New Jersey's emphasis on economic development and stakeholder outreach...

Read more »

Iconic Chinatown Structure is Planned

After more than 10 years in the making, the Philadelphia Chinatown Development Corporation (PCDC) is moving closer to construction of a $70 million, mixed-use development intended as a landmark and catalyst for further development...

Read more »

Philadelphia is a National Model for Green Stormwater Management

The City of Philadelphia continues to win national acclaim for its ambitious approach to one of the most bedeviling aspects of urban life: stormwater management...

Read more »

Online Publisher Adds Philadelphia to its MedCity Coverage

MedCity Media, an e-publisher covering the healthcare industry, has opened its fourth office in Philadelphia...

Read more »

Christie

Simeone Wins International Recognition as Auto Museum of the Year

The Simeone Foundation Automotive Museum in Philadelphia was named museum of the year by the International Historic Motoring Awards at a ceremony in London last month. Select Greater Philadelphia helped bring the museum, home to 65 rare and significant racing sports cars, to its location near Philadelphia International Airport in 2008...

Read more »

Barnes & Noble, Starbucks Open in Downtown Camden

Momentum does not usually report on retail developments, but the ribbon cutting last month for a new Barnes & Noble bookstore and Starbucks café in downtown Camden merits notice...

Read more »

Executive Search Firm Grows in Greater Philadelphia

Aspire Business Consulting, Inc., an executive search firm based in Fort Washington, PA, is expanding in Greater Philadelphia with a new office in Mount Laurel, NJ.

Read more »

Wilmington's Incyte Wins FDA Approval of New Drug

The US Food and Drug Administration (FDA) has granted marketing approval for Jakafi (ruxolitinib) to Incyte Corporation, a Wilmington, DE-based biopharmaceutical company...

Read more »

Four Regional Firms Named as America's Most Promising

Forbes has named four firms in Greater Philadelphia among America's 100 most promising companies...

Read more »

About Momentum!

Select Greater Philadelphia's Momentum Newsletter is a monthly electronic news publication that reports on key economic progress in the 11-County Greater Philadelphia Region of northern Delaware, southern New Jersey and southeastern Pennsylvania. The newsletter reaches a diverse audience of regional business community leaders as well as prospective business contacts considering locating or relocating to the community.

So...what do you think about Momentum?

Contact us »

About Select
Greater Philadelphia

Select Greater Philadelphia (Select) is an economic development marketing organization dedicated to attracting companies to the Greater Philadelphia region.

Select assists companies interested in the vicinity by providing detailed information about the 11-county area and a one-stop connection to numerous resources that help companies make informed decisions about locating to the region. Through global marketing efforts, Select works to promote the region's key assets to help build the area's economy.

The Greater Philadelphia region encompasses northern Delaware, southern New Jersey and southeastern Pennsylvania.

Select is a private, non-profit organization and an affiliate of the Greater Philadelphia Chamber of Commerce. Click below for more information or call 215-790-3777.

Learn more »

 

 

Key Events

Campus Philly's Annual Meeting

Campus Philly's annual meeting will focus on the Talent Dividend for Greater Philadelphia. Regions are competing for knowledge-based industries and knowledge workers. CEOs for Cities estimates that 58% of any city's success, as measured by per capita income, can be explained by the percentage of college graduates in its population.

Join CEOs for Cities' President, Lee Fisher, and Philadelphia Mayor, Michael A. Nutter, as Campus Philly examines Greater Philadelphia's Talent Dividend.

RSVP »

December 15, 2011
8 – 10 a.m.
WHYY
150 North Sixth Street; Independence Mall West; Philadelphia, PA

 

20th Anniversary/Holiday Luncheon

The British American Business Council of Greater Philadelphia will celebrate the holidays, and two decades of business prosperity, success and visibility on both sides of the Atlantic at its upcoming luncheon.

Danny Lopez , Her Majesty's consul-general New York and director-general, UK Trade & Investment USA, and Chrissie Wellington , Quadruple Ironman World Champion and current world record holder for the fastest time for all Ironman-distance races, are the featured speakers and Philadelphia Mayor Michael Nutter is a special guest.

Learn more »

December 14, 2011
11 a.m. – 2 p.m.
Ritz-Carlton
Ten Avenue of the Arts
Philadelphia, PA 19102

 

Women in the Workforce

A panel of successful female business leaders, moderated by WPVI's Nydia Han, will share stories about their professional and personal journeys and offer valuable tips on networking, self-promotion and mentoring.

Learn more »

December 13, 2011
7:30 – 8 a.m. Registration
8 – 10:30 a.m. Program
Hyatt at the Bellevue
Grand Ballroom
200 South Broad St.
Philadelphia, PA 19102

Tell Us What You Think

We would love to get your thoughts on Momentum. Click here to share your feedback or email bevans@selectgreaterphila.com.

 

Have story ideas? Please contact Bryan Evans, Director of Public Relations and Publications.

Select Greater Philadelphia
200 S. Broad Street, Suite 700 / Philadelphia, PA 19102 / 800.221.0774
http://www.selectgreaterphiladelphia.com/

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