OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT · OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT 17 Marcellus and Utica Shale Gas With the 2nd largest energy field in the world, Pennsylvania

OFFICE OF INTERNATIONAL

BUSINESS DEVELOPMENT

INVESTMENT

With the largest network of overseas offices of any

state in the U.S., Pennsylvania’s Office of International

Business Development (OIBD) is committed to

supporting Pennsylvania companies by working with

them to increase their export sales

and encouraging foreign companies

to invest in Pennsylvania.

OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT

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PA Authorized International Representatives

27 offices covering 73 countries around the world


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We are the 21th Largest Economy in the World

Pennsylvania’s Gross State Product - USD $600.8 billion

France Pennsylvania Saudi Arabia Denmark Israel

Source: World Development Indicators Database, World Bank, Sept 2013

Source: U.S. Bureau of Economic Analysis, 2010 GDP by State, 2013

USD $600.8 billion USD $576.8

billion

USD $332.6 billion USD $242.9

billion

USD $2,560.0 billion

• Stable Economy Large, growing and diverse economy

• Comprehensive Infrastructure Transportation, water resource, energy

• Strategic Location Central to U.S and Canadian businesses and consumers

• Modern Workforce Well-educated, highly skilled

• Diversified Industries Highly diversified with a strong manufacturing base

• World-class Education Hundreds of world-class institutions of higher education

• Game-changing Resources Supply and demand, Marcellus Shale, manufacturing


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Pennsylvania’s Assets

• Aiding companies in setting up US entities

• Providing information on Pennsylvania’s labor, average wages, business tax structure and more

• Coordinating site and building searches with regional partners

• Work with the Governor’s Action Team to vet projects for business assistance programs

• Networking with potential partners, including: • Suppliers

• Colleges and universities

• Law firms

• Accounting firms

• Banks

• Real estate professionals

• Construction and engineering firms


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Investment Services Include:

• 6,307 foreign-owned business locations in PA*

• 267,797 PA jobs supported by foreign firms*

• Of those, 1,402 are manufacturing companies*

• 134,334 PA manufacturing jobs*

• 4th largest state in the U.S. in number of workers

employed by majority-owned foreign-owned affiliates

• Pennsylvania is ranked

• 5th for in-sourced manufacturing jobs

• 4th for in-sourced research and design jobs


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FDI Impact

23% Manufacturing

companies

77% other insourced companies

*Source: Dun & Bradstreet, Dec 2013, at least 50% foreign owned


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Strategic Location • Extensive highway system

– over 194,000 km

• Modern freight railroad

systems – 5th largest in U.S.

– over 8,200 km

• Three major ports with

access to the Atlantic

Ocean, Great Lakes and

Gulf of Mexico

• Six international airports

(Philadelphia & Pittsburgh

are major centers)

• Home to the 2nd largest energy field in the world

• 2nd in the U.S. for electricity generation

• 2nd in the U.S for natural gas production

• 4th in the U.S. for energy production

• Domestically produced energy is leading

to more affordable energy bill for all PA

consumers


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Leading the Way to Energy Independence


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Access to Markets

• PA is located within 500

miles of:

• 40% of the U.S. population

• 6 of the 10 largest U.S. markets

• 60% of Canada’s population

• Located between the

financial market of New

York City and regulation

hub of Washington D.C.


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Major Multi Nationals in Pennsylvania

http://www.bayer.com/en/index.php

http://www.lafarge.com/cgi-bin/lafcom/jsp/home.do?lang=en&partenaire=http://search.yahoo.com/home.do?rubric=home&BV_SessionID=@@@@0659922145.1099666594@@@@&BV_EngineID=cccdadcmmhdjfdecfngcfkmdhgfdggf.0

http://www.gsk.com/index.htm

http://www.abb.com/global/abbzh/abbzh251.nsf!OpenDatabase&mt=&l=us

http://www.schering.de/scripts/en/index.php

http://www.areva.com/servlet/ContentServer?pagename=arevagroup_en/home

http://www.gamesacorp.com/en

Charles & Alice - France


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Recent Successes Wipro - India

Ecosave - Australia

Fuling Plastics - China

Noise Solutions - Canada

Greiner - Austria Fibria - Brazil

Dorstener Drahtwerke - Germany

Clinigen - UK

Denali - India

Atonarp - Japan

Eletta - Sweden

• Largest international investment and trade network in the U.S.

• Reduced business taxes by more the $2 billion since 2004

• Proximity to low cost source of energy

• Strong, diverse economy

• Superior market access to Northeast and Midwest U.S. and eastern

Canada

• Good transportation with direct international flights

• Strong technology sector

• Access to some of the best colleges and universities in the world

• Solid service by state and regional partners

• PA is the fastest growing state for FDI


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PA is a great place to do business…


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Advanced Manufacturing & Materials

Supportive Business Climate • Broad-based business tax reforms

• State agency regulatory reforms

• $55 million R&D Tax Credit

• Growing skilled talent & job matching

• Tools to accelerate innovation

Major sectors include: • Transportation

• Metal machining and fabrication

• Pharmaceuticals

• Chemicals and plastics

Emerging markets include: • Energy production and the natural

gas supply chain

• Nano-materials

• 3-D printing


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A World-Class Workforce

• More than 40% of Pennsylvanians

between the ages of 25 and 34 have

college degrees

• PA ranks in the top 10 in the number

of adults with college degrees

employed in high-level occupations

• The State ranks 10th in the number of

postsecondary degrees awarded

• The commonwealth is first in the U.S.

in terms of net migration of students

into the state for postsecondary

education

• Each year, Pennsylvania’s world-class

colleges and universities attract more

than 60,000 students from across the

U.S. and around the world


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Life Sciences Leadership

• 5th in the U.S. and 2nd in the Mid-

Atlantic for higher education

Research &Development

expenditures

• 5th in the U.S. for state agency

R&D expenditures

• 4th in the U.S. for life science-

related patents

• More than 1,800 research,

testing and medical labs

• Eight Pennsylvania universities

are categorized by the

Carnegie Foundation as having

“Very High” or “High” research

activity


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Marcellus and Utica Shale Gas

With the 2nd largest energy field in the world, Pennsylvania is on the verge of a new

industrial revolution. • Pennsylvania ranked 4th in shale industry economic contribution for 2010

• 17.5 billion cubic feet of natural gas produced per day

• Plastics and rubber products are directly linked to the natural gas industry.

Pennsylvania ranks 5th in the country for both plastics shipment and in value

added to the plastics industry


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Medical Device Manufacturing

Ben Franklin Technology Partners • $14.7 million in 174 companies

• Attracted an additional $525

million in post-Ben Franklin

financing

• 132 patents and software

copyrights awarded to client

companies

Life Science Greenhouses • Invested more than $67.8 million

in more than 133 projects since

2001

• More than $3 billion in private

funds leveraged

• 175 life-saving patient care

products brought to market


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Shale Gas & the Plastics Industry


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Technology

• Pittsburgh and Philadelphia are among the top 15 in the U.S. for Tech Startup

Investments in 2012

PA Department of Community and Economic Development

Office of International Business Development

Center for Direct Investment

Commonwealth Keystone Building

400 North Street, 4th Floor

Harrisburg, PA 17120

717-787-7190

www.newpa.com/intl

@investPA


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http://www.newpa.com/intl

Documents

OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT · OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT 17 Marcellus and Utica Shale Gas With the 2nd largest energy field in the world, Pennsylvania