Totaling $10.2 Billion, Capital Investment in the Pittsburgh Region Reaches High Water Mark in 2016

by on April 6, 2017

 

The Pittsburgh Regional Alliance (PRA) – in cooperation with its network of regional economic development partners – has tracked the largest-ever amount of capital investment: more than $10 billion dollars across the 10-county Pittsburgh region during 2016. This news headlined the annual Business Investment Scorecard and regional economic development update presented by the PRA, the economic development marketing affiliate of the Allegheny Conference on Community Development.

Highlights:

  • Royal Dutch Shell’s $6 Billion Investment Will Grow Petrochemical Industry in Region
  • Additional Billions in Investment Dollars Will Bring Critical Energy Infrastructure to the Region
  • Manufacturing and IT Are “Top Two” Most Active Sectors for Deals Announced in 2016

Check out the 2016 Pittsburgh Region Business Investment Scorecard

Listen in as PRA President David Ruppersberger chats with Pittsburgh Technology Council’s Jonathan Kersting on TechVibe Radio