This document provides information about Select Greater Philadelphia, a non-profit organization that promotes economic development in the Greater Philadelphia region. It discusses key facts about the region's large population and economy size, major industry sectors, talented workforce, transportation infrastructure, and lower costs of doing business compared to other major Northeast cities. The document also provides examples of large companies that have their headquarters or major operations located in the Greater Philadelphia area.

1. Select Greater Philadelphia
Greater Philadelphia
2012

2. Select Greater Philadelphia
 Non-profit supported and
funded by business
community
 70-person board of Regional
CEO’s
 Affiliate of Greater
Philadelphia Chamber of
Commerce

3. Perfectly Positioned
Seattle
Boston
Detroit New York
Chicago Greater Philadelphia
San Francisco Washington DC
Los Angeles
Phoenix Atlanta
Dallas-Fort Worth
Houston
Miami

4. Heart of the World’s 5th Largest Economy
RANK COUNTRY GDP ($ trillion)
1 United States 14.6
Peoples Republic of
2 5.7
China
3 Japan 5.4
4 Germany 3.3
GREATER
5 PHILADELPHIA 2.8
(200 mi. Market Area)
6 France 2.6
7 United Kingdom 2.3
8 Italy 2.0
200-mile (322km) radius
9 Brazil 2.0
10 Canada 1.6
Source: IHS Global Insight, 2010, International Monetary Fund, 2010

5. Powerful Market
Market Size within 200 Miles of Major U.S. Cities
Population Total Income
New York 49.6 Million $1.50 Trillion
Philadelphia 47.0 Million $1.46 Trillion
Washington D.C. 34.3 Million $1.02 Trillion
Boston 31.7 Million $967.2 Billion
Chicago 25.4 Million $649.7 Billion
Los Angeles 23.8 Million $596.7 Billion
Detroit 21.7 Million $521.5 Billion
Atlanta 18.8 Million $437.7 Billion
San Francisco 14.8 Million $440.8 Billion
Dallas-Fort Worth 14.6 Million $358.9 Billion
Houston 13.9 Million $330.7 Billion
Miami 10.3 Million $267.9 Billion
Source: Claritas, 2011

6. Greater Philadelphia
 Population
 6.23 million (5th)
 Employment
 3.15 million (5th)
 Personal Income
 $291.5 billion (5th)
 Gross Regional Product
 $371 billion (7th)
Sources: IHS Global Insight, 2011, U.S. Bureau of Labor Statistics, 2011, U.S. Census Bureau, 2010 Census

7. Diverse Economy
Construction, Natural
Resources & Mining;
3,3%
Trade, Transportation
& Utilities; 18,0%
Education & Health
Services; 20,7%
Professional &
Business Services;
15,2% Financial Activities;
7,5%
Manufacturing; 6,5%
Leisure & Hospitality; Government; 14,3%
8,0% Information; 2,0%
Source: Bureau of Labor Statistics, 2010, Philadelphia Federal Reserve Bank, 2010

8. Key Sectors in the Region
Employment Shares by Industry
12,2%
Life Sciences & Healthcare Services
10,1%
7,9%
Professional, Scientific, & Technical Services
5,8%
6,1%
Financial Services
4,2%
7,3%
Clean Economy
6,7%
3,8%
IT Producing
3,3%
GPR U.S.
Source: IHS Global Insight, 2011

9. Global Access
 Philadelphia Int’l Airport:
 29 carriers with 620 daily
departures to 123 cities
 55 non-stop flights to 36
international destinations
 An international gateway for
US Airways
 8 additional international
airports within 90-minute drive
 Amtrak offers access to New
York and Washington, DC in
approximately 1.5 hours
 46 Regional Port Facilities and
over 200 large distribution
facilities Source: Philadelphia International Airport, 2011,

10. Global Marketplace
 34 of Fortune 1000 Major Companies in Greater Philadelphia:
companies
headquartered
 747 foreign-owned
firms from 39
countries
 10 bilateral chambers
of commerce
 33 consulates
 617,394 foreign-born
residents
Sources: Philadelphia Business Journal, 2011, Pennsylvania Department of Community & Economic
Development, Dun & Bradstreet, 2010, Select Greater Philadelphia, Delaware Economic Development Office,
World Trade Center of Greater Philadelphia, U.S. Census Bureau, American Community Survey, 2009

11. Global Marketplace
Foreign-owned Companies
Number of
Number of
Country Employees in
Companies
Region
United Kingdom 143 31,008
Germany 104 20,508
Japan 76 9,058
France 69 10,772
Canada 66 7,544
Netherlands 43 10,722
Switzerland 43 5,000
Sweden 33 3,965
Australia 21 1,440
Italy 17 845
Sources: Philadelphia Business Journal, 2011, Pennsylvania Department of Community & Economic Development, Dun & Bradstreet, 2010, Select Greater Philadelphia,
Delaware Economic Development Office, World Trade Center of Greater Philadelphia, U.S. Census Bureau, American Community Survey, 2009

12. Global Marketplace
Employment by Industry Sector
Number of
Country Employees in
Region
Chemical Mfg. 19,811
Prof., Scientific & Tech Services 11,223
Misc. Mfg. 9,667
Admin. & Support Services 9,061
Credit Intermediation 7,781
Food & Beverage Stores 5,920
Wholesalers – Durable Goods 5,886
Publishing (except Internet) 5,341
Insurance 4,568
Wholesalers - non-Durable Goods 3,865
Sources: Philadelphia Business Journal, 2011, Pennsylvania Department of Community & Economic Development, Dun & Bradstreet, 2010, Select Greater Philadelphia,
Delaware Economic Development Office, World Trade Center of Greater Philadelphia, U.S. Census Bureau, American Community Survey, 2009

13. Foreign Locate Case Study: UK Manufacturer of
Bio-fluid Containers
 Understand the Good or Service Being Sold
 What Makes it Better than Existing Goods or Services?
 Who are the Potential Customers, Who are Competitors?
 What Activities Will Be Located Here: Distribution, then Mfg.
 What Inputs Will be Purchased in the GPR, in the US?
 Labor Needs
 Real Estate Needs
 Professional and Business Services

14. Talented Workforce
 Education Pipeline:
 101 Institutions
 Over 379,000 students
 Over 83,500 Degrees & Home to Top-Ranked Universities:
Certificates Awarded
 Among the 25 largest MSAs:
 Highest award rate for
first professional
degrees
 2nd highest award rate
for bachelors degrees
 35% of residents 25+ have
at least a Bachelor’s degree
Sources: National Center for Educational Statistics, Integrated Post-Secondary Education Database (IPEDS), 2008/09

15. A Place to Connect and Grow
 Welcoming business community
 Large number of incubators,
accelerator and technology
transfer programs
 Small business centers
 Specialized office spaces
 Access to capital
 Networking and professional
development events
 Entrepreneurial organizations

16. At the Cutting Edge
 Top 5 for Research & Development
 $10.5 billion annually in
research and development
 Home to National DOE, Energy
Innovation Hub
 Top 5 in patent award rate per
resident
 18 companies on Deloitte’s
Technology Fast 500
 Greenest city in the U.S. by 2015
Sources: U.S. Patent & Trademark Office, 2011, Deloitte, 2011, City of Philadelphia, Select Greater Philadelphia

17. Best Value in the Northeast U.S.
Annual Wage & Salary Costs for
Private, Services-Providing Sectors
$6 000 000
$5 000 000
Compared to
Boston, New York, & Washington DC, $4 000 000
Greater Philadelphia has the lowest: $3 000 000
 Wage & salary costs $2 000 000
 Office rental rates $1 000 000
 Industrial rental rates $-
Greater Boston Washington New York
 Cost of living Philadelphia D.C.
Annual labor cost is for 100 workers in occupations
 Median housing sales price typically required by companies in the private,
services-providing sectors.
Sources: IHS Global Insight, 2011, U.S. Bureau of Labor Statistics, 2011, ACCRA Cost of Living Index, 2010, National Association of Realtors, U.S. Census Bureau, 2010, Select Greater Philadelphia

18. Cost of Doing Business
Rental Rates per s/f for Class A Office Space in Large Metros
Detroit $21,42
Atlanta $22,57
Dallas-Fort Worth $22,92
Greater Philadelphia $28,00
Chicago $29,36
Houston $29,40
Los Angeles $32,56
Boston $34,22
Miami $34,24
San Francisco $37,64
Washington, DC $38,78
New York $56,20
$0,00 $10,00 $20,00 $30,00 $40,00 $50,00 $60,00
Sources: Grubb & Ellis, 2011q4

19. Cost of Doing Business
Rental Rates per s/f for Warehouse / Distribution Space in Large Metros
Atlanta $3,44
Dallas-Fort Worth $3,50
Greater Philadelphia $3,68
Chicago $3,92
Detroit $3,96
Houston $4,59
San Francisco $4,68
New York $5,06
Boston $5,46
Los Angeles $5,79
Miami $8,20
$0,00 $1,00 $2,00 $3,00 $4,00 $5,00 $6,00 $7,00 $8,00 $9,00
Sources: Grubb & Ellis, 2011q4

20. Cost of Doing Business
Rental Rates per s/f for R&D / Flex Space in Large Metros
Atlanta $6,41
Dallas-Fort Worth $6,47
Houston $7,59
Greater Philadelphia $7,65
Chicago $7,90
Detroit $8,03
San Francisco $8,16
New York $9,35
Miami $9,63
Boston $9,87
Los Angeles $10,41
$0,00 $2,00 $4,00 $6,00 $8,00 $10,00 $12,00
Sources: Grubb & Ellis, 2011q4

21. Quality of Life
 Wealth of museums, galleries,
and historical sites
 Nationally recognized
restaurants & breweries
 Approx. 2 hours to beach &
mountains
 86,456 acres of parkland
 9 professional & 573 NCAA
sports teams
 193 golf courses
Photo by G. Widman for GPTMC

22. Travel & Leisure
“America’s Favorite Cities”
Philadelphia Rankings Voted by Visitors
#1 – Overall Culture
#1 – Historical sites/monuments
#1 – Sports-crazed
#2 – Classical music
#2 – Street food
#3 – Overall food/drink/restaurants
#5 – Theaters/performance art
#5 – Museums/galleries
#5 – Overall shopping

23. Headquarters for Success
 Comcast Corporation
 Established: 1969
 Sector: Telecommunications, broadcasting
 Location: Global Headquarters in Philadelphia, PA
 Summary: The largest cable operator, home internet service provider, and fourth
largest home telephone service provider in the United States, providing service to
both residential and commercial customers in 39 states and the District of
Columbia. Comcast is also the majority owner and manager of NBCUniversal.
 SAP America
 Established: 1972 (Weinheim, Germany)
 Sector: Computer software
 Location: US Headquarters in Newtown Square, PA
 Summary: The world's largest business software company and the third-highest
revenue independent software provider (as of 2007). SAP has about 12,500
employees in North America, with more than 2,000 employees in Newtown
Square.

24. Headquarters for Success
 E.I. DuPont de Nemours & Company
 Established: 1802
 Sector: Chemical Manufacturing
 Location: Global Headquarters in Wilmington, DE
 Summary: DuPont operates in approximately 90 countries and employs 70,000
worldwide. DuPont offers a wide range of innovative products and services for
markets including agriculture, nutrition, electronics, communications, safety and
protection, home and construction, transportation and apparel.
 Trinseo, S.A. (formerly Styron, LLC)
 Established: 2010
 Sector: Plastics Manufacturer
 Location: Global Headquarters in Berwyn, PA
 Summary: A world leader in the production of plastics, latex, and rubber. Trinseo,
an independent company formed in 2010, was created by combining the
technologies and capabilities of four businesses of The Dow Chemical Company.
The company operates 35 production facilities in nearly 20 countries.

25. Headquarters for Success
 Lincoln Financial Group
 Established: 1968
 Sector: Insurance & Retirement Planning
 Location: Global Headquarters in Radnor, PA
 Summary: A Fortune 500 company, Lincoln focuses on four core business areas -
life insurance, annuities, retirement plan services, and group protection. The
company is also active in the investment management business, offering individual
and institutional clients such financial services as pension plans, trusts, and mutual
funds through its subsidiaries.
 Vanguard Group
 Established: 1975
 Sector: Investment Management
 Location: Global Headquarters in Valley Forge, PA
 Summary: Vanguard is one of the world's largest investment management
companies. With offices in 11 countries the company employs approximately
13,000 people worldwide. Vanguard manages $1.7 trillion in U.S. mutual funds.

26. Headquarters for Success
 Shire USA
 Established: 1986 (Basingstoke, UK)
 Sector: Pharmaceuticals
 Location: US Headquarters in Wayne, PA
 Summary: As a global specialty biopharmaceutical company listed on the London
and NASDAQ exchanges, Shire is one of the fastest-growing biopharmaceutical
companies in the world.
 GlaxoSmithKline USA
 Established: 2000 (London, UK)
 Sector: Pharmaceuticals
 Location: Regional Headquarters in Philadelphia, PA; Major R&D sites in Upper
Merion & Collegeville, PA; and a Major manufacturing site in King Of Prussia, PA
 Summary: One of the world’s leading research-based pharmaceutical and
healthcare companies with a share of around 5% of the world's pharmaceutical
market.

27. Location for Success
 Campbell Soup Company
 Established: 1869
 Sector: Food Manufacturer
 Regional Employment: 1,200
 Locations: Global Headquarters, R&D, Manufacturing
 Summary: A global manufacturer and marketer of high-quality foods and simple
meals, including soups and sauces, baked snacks, and healthy beverages. The
world’s #1 soup maker with domestic market penetration of over 80% of US
households. Campbell’s products are sold in 120 countries around the globe.
 Tasty Baking Company
 Established: 1914
 Sector: Food Manufacturer
 Regional Employment: 740
 Locations: Headquarters, Manufacturing, Distribution
 Summary: A manufacturer of single-serve cupcakes, snack-sized cakes, and fruit
pies. It also makes cookies, brownies, pastries, honey buns, and doughnuts. The
new manufacturing facility at the Philadelphia Navy Yard is the greenest bakery in
the world.

28. Location for Success
 Keystone Foods
 Established: 1946
 Sector: Food Processor
 Regional Employment: 260
 Locations: Global Headquarters, R&D, Distribution
 Summary: Keystone Foods is a multi-national, multi-protein processor and food
distributor for the world’s best fresh and frozen protein brands and is focused on
innovation and dedicated to food safety and quality.
 Hatfield Quality Meats
 Established: 1895
 Sector: Food Manufacturer
 Regional Employment: 1,558
 Locations: Headquarters, Manufacturing, Distributon
 Summary: A member of the Clemens Family Corporation, also headquartered in
Hatfield, manufacturer of processed pork everything from bacon to scrapple.

29. Testimonials

30. Select’s Services
Services for Companies Expanding
into Greater Philadelphia
Market Real Estate
Connections
Intelligence Search
Market Research Leaders Site Selection
Workforce Officials Regional Tours
Cost Data Suppliers
Incentives

31. Thank You!
200 South Broad Street
Suite 700
Philadelphia, PA 19102-3896
P: 215.790.3777 or 1.800.221.0774
Selectgreaterphila.com