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New Year's Fireworks

May 2011

Night Skyline of Philadelphia

In this Issue

Northeast Corridor Improvements to Speed Philadelphia's Intercity Connections »

Tourism Remains Strong Regional Economic Driver »

Wilmington Compost Giant Gets Capacity Boost »

Teva to Acquire Cephalon for $6.8 Billion»

Greater Philadelphia Drives Successful Launch for CarGroup Holdings »

Penn Opens New Medical Research Center »

Two Philadelphia Innovators Named to National Board »

World Trade Center To Honor Select's Tom Morr, PIDC and Weston Solutions »

CHOP Launches First Startup to Pursue Commercial Potential of Blood Vessel Research »

Key Events

5/24 Select Greater Philadelphia Releases 6th Annual Regional Report | Hear US Transportation Secretary Ray LaHood »

5/26 Select Greater Philadelphia Spring Celebration »

6/8 PA Life Sciences to Convene at Bio Knowledge Fair and Summer Social »

6/10 SAVE THE DATE! - Governor's Entrepreneurial Business Conference »

6/15 Free Session on E-Learning »

selectgreaterphiladelphia.com

Select Greater Philadelphia Spring Celebration

May 26, 2011
5:30 – 8:00 p.m.
Program

University City Science Center
Quorum
3711 Market Street, 8th Floor
Philadelphia, PA

Please join your fellow regional business executives for a cocktail reception as we celebrate those who have been Ambassadors for the Greater Philadelphia region. This celebration is to recognize the significant contributions many local business leaders have made this past year and to say "thank you".

Learn more »

Northeast Corridor Improvements to Speed Philadelphia's Intercity Connections

Greater Philadelphia's connectivity to New York, Washington and Harrisburg will be even better with the announcement of millions in new federal dollars for high-speed rail projects...

Read more »

Long-Awaited PA Convention Center Open for Business

 

Tourism Remains Strong Regional Economic Driver

Airport Expansion

On May 11th, the Greater Philadelphia Tourism Marketing Corporation (GPTMC) released its Tourism 2011 Report to the Region: 15 Years of Milestones and Momentum. According to the report, tourism continues strong in Greater Philadelphia.

Read more »

Wilmington Compost Giant Gets Capacity Boost

Waste Management Inc. has made a “strategic investment” in the Peninsula Compost Company, which owns and operates the Wilmington Organic Recycling Center (WORC), the largest composting facility in the eastern US...

Read more »

Academic Technology

Teva to Acquire Cephalon for $6.8 Billion

Navy Yard

Teva Pharmaceutical Industries Ltd., the world's largest generic drug maker, will acquire Cephalon, the global biopharmaceutical company. The $6.8 billion acquisition is expected to be completed in the third quarter of the year...

Read more »

Greater Philadelphia Drives Successful Launch for CarGroup Holdings

When Carcraft, the UK's high-volume buyer of used automobiles, decided to expand to the United States, their site consultants quickly identified Greater Philadelphia as the ideal location to establish a headquarters and roll out their business model...

Read more »

Penn Opens New Medical Research Center

The University of Pennsylvania opened its new, $370 million Translational Research Center on its campus in West Philadelphia earlier this month. The 531,000-square-foot building serves as home for three Penn institutes created in 2005...

Read more »

Two Philadelphia Innovators Named to National Board

Two Philadelphia leaders in innovation, University City Science Center President and CEO Stephen S. Tang (photo left) and Natalia Olson-Urtecho, president and CEO of EG (photo right), have been named to the US Department of Commerce's new Innovation Advisory Board...

Read more »

World Trade Center To Honor Select's Tom Morr, PIDC and Weston Solutions

Christie

Select President and CEO Thomas G. Morr will accept the individual award for 2011 global business leadership at the World Trade Center of Greater Philadelphia's (WTCGP) annual awards dinner on May 19...

Read more »

CHOP Launches First Startup to Pursue Commercial Potential of Blood Vessel Research

The Children's Hospital of Philadelphia has spun off its first startup company, Vascular Magnetics, Inc. (VMI). VMI was formed to develop the hospital's extensive laboratory research...

Read more »

About Momentum Newsletter

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 the New Design and Layout of 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

State of the Region, May 24: Hear US Transportation Secretary Ray LaHood

Select will release its 6th annual Regional Report at a State of the Region breakfast meeting on Tuesday, May 24 in Wilmington.

Hosted by the Greater Philadelphia Chamber of Commerce, the meeting will focus on “New Horizons in Transportation,” with a presentation by US Transportation Secretary Ray LaHood. Also speaking will be Albrecht Engel, vice president of Amtrak's high speed rail division and Select President and CEO Thomas G. Morr.

For more information and to register, click on the link below.

Learn more »

May 24, 2011
8:00 a.m. – 8:30 a.m.
Registration

8:30 a.m. – 10:00 a.m.
Program

Chase Center on the Riverfront
815 Justison Street
Wilmington, DE 19801

Select Greater Philadelphia Spring Celebration

Please join your fellow regional business executives for a cocktail reception as we celebrate those who have been Ambassadors for the Greater Philadelphia region. This celebration is to recognize the significant contributions many local business leaders have made this past year and to say "thank you".

Special Honoree

Stephen S. Aichele, Esquire
General Counsel for the Commonwealth of Pennsylvania
For his remarkable leadership and commitment to the region's success

Please respond to Meghan Lyons at mlyons@selectgreaterphila.com or 215-790-3778 with your attendance plans by Friday, May 20th.

Sponsors:

RadianRadian

Learn more »

May 26, 2011
5:30 – 8:00 p.m.

University City Science Center
Quorum
3711 Market Street, 8th Floor
Philadelphia, PA

Cocktails and hors d'oeuvres will be served.

PA Life Sciences to Convene at Bio Knowledge Fair and Summer Social

The PA Bio Knowledge Fair and Summer Social offers participants practical help on finding effective tools and solutions for capital, employee training programs, office and lab locations and other pressing business needs.

Select Greater Philadelphia will be on hand, along with other economic development agencies, life science organizations and companies, research institutions and others all committed to the advancement of the biotech, pharmaceutical, medical device, drug discovery and diagnostic industries in Pennsylvania.

The event is set for Wednesday, June 8 at Penn State Great Valley. For more information and to register, click learn more link below.

Learn more »

June 8, 2011
12:30 p.m.
Registration

1:00 p.m. - 5:00 p.m.
Knowledge Fair

5:00 p.m. - 7:30 p.m.
Summer Social

Penn State Great Valley
Conference Center
Malvern, Pennsylvania

SAVE THE DATE! June 10, 2011 - Governor's Entrepreneurial Business Conference

Job Creation Entrepreneurial activity and financial business prosperity are key drivers of economic growth in Delaware. That is why today, entrepreneurs and business owners are more vital than ever to Delaware's economic future. The companies they start, build and grow are the employers of tomorrow. The Delaware Economic Development Office and our partners recognize the economic impact of business success and are again working collectively to bring you the 2011 Governor's Entrepreneurial Business Conference.

Click below for more details and to register.

Learn more »

June 10, 2011
7:30 a.m.
Registration

8:00 a.m. - 3:15 p.m.
Program

Chase Center on the Riverfront
815 Justison Street
Wilmington, DE 19801

Free Session on E-Learning

Webanywhere is presenting “Cost Effective e-Learning for Philadelphia Corporations,” a free session on how e-learning can make workforce training more efficient and affordable. Conor Gilligan, head of operations at Webanywhere, and Lee Stayton, vice president of e-learning solutions at nSight, will share their expertise and there will be time for Q&A and networking.

The event is set for 6 to 8 p.m., Wednesday, June 15 at The Rittenhouse Hotel in Philadelphia.

Learn more »

Tell Us What You Think

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

June 15, 2011
6:00 p.m. - 8:00 p.m.
Program

The Rittenhouse Hotel
210 West Rittenhouse Square
Philadelphia, PA 19103-5726

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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