Executive Briefings

Innovation, Diversity Credited for Boosting Pa. Manufacturing

Manufacturing makes up $64bn annually of the gross state product of Pennsylvania, employing nearly 600,000. So, how has the state weathered the storms that have adversely impacted other states with a significant manufacturing base? Industry innovation and diversity, that's how.
The industry continues to thrive because of nationally recognized programs and initiatives that support manufacturers, from financing and technical assistance, to access to education, a skilled workforce, training and international markets. The overall business climate in Pennsylvania has also improved dramatically, with a $1.7bn reduction in business taxes as well as offering no sales tax on manufacturing equipment and one of the lowest personal income taxes in the country.
Source: Industry Week

Manufacturing makes up $64bn annually of the gross state product of Pennsylvania, employing nearly 600,000. So, how has the state weathered the storms that have adversely impacted other states with a significant manufacturing base? Industry innovation and diversity, that's how.
The industry continues to thrive because of nationally recognized programs and initiatives that support manufacturers, from financing and technical assistance, to access to education, a skilled workforce, training and international markets. The overall business climate in Pennsylvania has also improved dramatically, with a $1.7bn reduction in business taxes as well as offering no sales tax on manufacturing equipment and one of the lowest personal income taxes in the country.
Source: Industry Week