Economic Development
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Mayor Parker Tours Southwest Philadelphia’s Massive New Amazon Facility, Promotes It As ‘Anchor’
Mayor Cherelle Parker was recently joined by Amazon executives and representatives from ACANA, to tour the new Amazon facility in Southwest Philadelphia, writes Sherry Stone for The Philadelphia Tribune. The massive 140,000-square-foot warehouse handles between 20,000 and 25,000 packages daily throughout Philadelphia, Montgomery County, and Delaware County. The site has also added several hundred jobs…
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Economic Uncertainty Forces Phoenixville Woman to Rethink Retirement
After 35 years as a paralegal, Cynthia “Cindy” Arena was set to retire at the end of May, but economic uncertainty made her reconsider her plans, writes Erin McCarthy for The Philadelphia Inquirer. As President Donald Trump’s global tariffs rattled markets, the 66-year-old Phoenixville resident was watching her retirement savings shrink – sometimes dramatically. “I…
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Progress Continues in Pottstown: PAED Issues RFP for Pottstown’s Streetscape Design Plan
Pottstown is taking another bold step toward revitalization with the launch of a new Streetscape Plan and Design initiative aimed at transforming its Downtown, Western Gateway, and Circle of Progress areas. Led by Pottstown Area Economic Development (PAED), the project is now accepting proposals for a comprehensive design that will shape the borough’s future identity and enhance the everyday…
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PAED Spotlight: Pottstown’s Hollywood Garage
For Nick Yannessa, running Hollywood Garage in Pottstown is more than a job — it’s a family tradition built on hard work, trust, and a deep love for the community. Yannessa grew up around cars, helping his father, Mike, at the family’s shop as early as 12 years old. Mike first opened Mike’s Service Center…
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West Chester Toy Shop Fears Going Out of Business Due to Tariffs
A Chester County business owner is anticipating the impending rising tariffs on imports, writes Madeleine Wright for CBS News. President Trump’s tariffs have been making waves throughout the business community, affecting not only larger chains, but small businesses as well. One affected small business owner is KC Olafsson, who runs Monkey Fish Toys in West…
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Pottstown Area Economic Development Welcomes Three New Board Members
Pottstown Area Economic Development (PAED) just got a boost from three local pros bringing fresh energy to its Board of Directors: Dr. Rosann Bar, Lisa Karl, and Eric Miller. Dr. Bar, now the Dean of Academic Innovation at Montgomery County Community College, has a long track record of academic leadership. She has had leadership roles…
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Why Millennials and Gen Z Should Care About America250
As a millennial, a business leader, and a parent, I’m often straddling generations—collaborating with seasoned professionals while mentoring emerging leaders. It’s a unique vantage point that offers perspective. One thing I know for certain: the upcoming 250th anniversary of our nation’s founding—America250—is not just about looking back. It’s about looking forward. And Millennials and Gen…
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Chester County Achieves Fastest Population Growth in Pennsylvania
Chester County has seen the highest influx of residents in Pennsylvania over the last four years, writes Ryan Mulligan for the Philadelphia Business Journal. According to Census Bureau data as of July 1, 2024, the state’s wealthiest county gained over 26,300 new residents between 2020 and 2024. That is an increase of nearly five percent…
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Celebrating 25 Years of the Philadelphia Navy Yard, and Cheers to Many More
This year marks 25 years of the Philadelphia Navy Yard and the growth that has been seen in the past quarter-century has laid the ground work for the future, writes Jack Tomczuk for Metro Philadelphia. For the leaders behind the effort to redevelop the area, the future includes turning the Navy Yard into Philadelphia’s newest…
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Chester County Dairy Farms Caught in Crossfire of Tariff War
Chester County dairy farms have been caught in the crossfire of the Trump Administration’s tariff war as foreign governments come back with tariffs on products vital to states Trump won in the November election, writes Andrew Seidman and Lizzie Mulvey for The Philadelphia Inquirer. Among the sectors targeted for retaliation is the dairy industry, one…
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Restrictive Immigration Policies Threaten Chester County Mushroom Industry
Restrictive immigration policies are causing problems for Chester County’s mushroom industry, which is struggling with a major labor shortage, write Hazel Velasco Palacios and Kathleen Sexsmith for The Philadelphia Inquirer. Chester County – home of Kennett Square, the Mushroom Capital of the World – produced 199 million pounds of mushrooms in the 2023-24 season, making…
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Chester County Leads Pennsylvania in Population Growth According to 2024 Census
Pennsylvania as a state saw a general increase in population from 2020 to 2024, with over 75,000 new residents statewide, writes Michael Rellahan for The Daily Local News. Though Chester County has the lowest population of the five southeastern Pennsylvania counties, it has seen the largest increase, with 26,327 new residents across the county. The…
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Economy League Launches Fair City Challenge to Address Disparities in Property Valuation, Neighborhood Investment
The Economy League of Greater Philadelphia has launched its latest Impact Labs social innovation challenge, the Fair City Challenge: Community Solutions for Reinvesting in Philadelphia Neighborhoods. This competition will award a $50,000 grand prize to a community-based social entrepreneur with an innovative, actionable solution that makes a direct, immediate impact on historically disinvested Philadelphia neighborhoods…
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State Leaders Discuss Innovative Technology and Life Sciences Markets in Chester County
The Secretary of Commerce and Economic Development Rick Siger and State Senator Carolyn Comitta recently discussed opportunities for the county, writes Bill Rettew for the The Daily Local News. The pair spent some time meeting with nth Solutions and other organizations in the Chester County region to help with their goal of bringing more focus…
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Nine Chester County Businesses Among 50 Fastest-Growing Companies in Philadelphia Area
Nine Chester County businesses ranked among the 50 fastest-growing companies in Greater Philadelphia based on average two-year revenue growth, writes Lisa Dukart for the Philadelphia Business Journal. To qualify for the list, the companies needed to have a minimum revenue of $750,000 in 2021 – the first year of consideration – and increased revenue each…
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CCEDC Presents 21st Annual Economic Outlook to Packed Audience
On the heels of the U.S. Presidential Inauguration, the region’s longest-running economic outlook event was presented by the Chester County Economic Development Council (CCEDC) before a standing-room only audience of business executives and community leaders at Penn State Great Valley. “Attendance this year was even higher than normal, no doubt driven by business leaders looking for perspectives…
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Gov. Shapiro Visits Adare Pharma Solutions in Northeast Philly, Promotes State’s Economic Development Investment
Gov. Josh Shapiro visited Adare Pharma Solutions’ new headquarters in Northeast Philadelphia, where he highlighted the state’s investment in economic development, writes Harrison Cann for City & State Pennsylvania. The drug development and manufacturing company recently relocated its headquarters from New Jersey to Philadelphia. Adare received $2.9 million in state support for expanding its existing…
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Pennsylvania Making Historic Investments to Spur Economic Growth, Create Jobs
In a newly released video, Gov. Josh Shapiro details how his administration has worked to make Pennsylvania more economically competitive by attracting more businesses and creating good-paying jobs. Shapiro has helped to secure more than $3 billion in private sector investments to drive growth in key industries like agriculture, energy, life sciences, manufacturing, and technology.…
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