The Pittsburgh region built America, and today we’re poised to build the future.
Businesses that invest in the Pittsburgh region invest in an exciting frontier of a next-generation economy, which is supported by a distinctive combination of world-leading innovation assets and ample natural resources.
These expanding businesses in the Pittsburgh region tap into our pipeline of abundant talent, which is solving some of the world’s biggest challenges and opportunities in high potential industries like robotics, AI, self-driving cars, and additive and petrochemical manufacturing in addition to our five key sectors: manufacturing, energy, finance, healthcare and IT.
Site Selection magazine ranked the Pittsburgh region the #2 metro in the U.S. Northeast for business expansion. Our assets will enhance your business investment strategy.
Pittsburgh Business: By the Numbers
A stable, low-cost operating environment.
Commercial Lease Rate68%
of U.S. average (CBRE)
Industrial Lease Rate81%
of U.S. Average (C2ER)
Cost of Doing Business97%
of U.S. Average (KPMG)
Wage Rates97%
of U.S. Average (U.S. Bureau of Labor Statistics)
Cost of Living99%
of U.S. Average (C2ER)
An educated, skilled workforce, with a pipeline of 45,000 grads annually from 35 regional colleges and universities including Carnegie Mellon University and the University of Pittsburgh.
Energy resources for powering manufacturing operations, in particular ample Marcellus Shale natural gas supplies.
Pittsburgh is the largest metro atop the Marcellus Shale – one of the largest unconventional natural gas reserves in the world – with the Utica Shale located a few thousand feet below.
#2 Most Livable City in the U.S.
(The Economist)
“Most affordable housing market”
– National Association of Home Builders
Among the U.S.’s best medical centers
– U.S. News & World Report
Among the top 5 cities for recreation
– WalletHub
American’s Best Downtown
– Livability.com
#10 U.S. Metro for Sustainability
– Site Selection Magazine
Within 500 miles of 50+% of the U.S. buying power.
Companies Investing and Expanding Business in Pittsburgh
Our key industry sectors bring, diversity and dynamism to our economy and bolster companies looking to grow.
Interested in learning more about investing and business expansion in the Pittsburgh region? Contact Patty Horvatich, Mike Henderson or Kyle Chintalapalli – our business development professionals – to learn how the Pittsburgh Regional Alliance can help. You may also call us at 412-392-5555.
