Top 5 Reasons to Invest in the Lehigh Valley, Pennsylvania
THERE ARE REASONS WHY THE LEHIGH VALLEY IS DIFFERENT. THERE ARE REASONS WHY THE GLOBAL INVESTOR MUST CALL THE LEHIGH VALLEY REGION OF PENNSYLVANIA HOME.
The Lehigh Valley region of Pennsylvania has ranked for seven consecutive years as one of the top-10 performing regions for economic development in the Northeastern United States. The region’s access to markets, space, capital and labor are unparalleled. The economy is growing rapidly, the culture is diverse, and the quality of life is phenomenal. The Lehigh Valley offers a skilled workforce, robust infrastructure and transportation system, and a pro-business environment. While these assets draw global business to the Lehigh Valley, it is the welcoming community that keeps them here. It is no coincidence that businesses continue to come here, grow here, start here, and thrive here.
The Top 5 Reasons to Invest in the Lehigh Valley:
Located an hour north of Philadelphia and 90 minutes west of New York City, the Lehigh Valley’s location in the Northeast gives businesses access to one-third of the U.S. consumer market, making it a hub for distribution and fulfillment firms and manufacturers with shipping needs. Transportation infrastructure encompasses all modes and includes direct access to three interstates, two Class I rail providers and intermodal facilities, along with close proximity to the ports of Philadelphia, New Jersey and New York, and three international airports.
In the Lehigh Valley, the cost of doing business is lower than most large areas in the Northeast, and labor costs are in line with the national average. The region also offers a wealth of incentives, including low-interest financing programs that help businesses fund construction, land, equipment, working capital, workforce training and sustainable development projects.
For companies looking for space to set up large-scale manufacturing and distribution operations, the Lehigh Valley has an abundance of shovel-ready sites and buildings ready for repurposing. The region heavily promotes the reuse of brownfields and has Foreign Trade Zone status, providing businesses involved in international trade with opportunities to reduce costs.
The Lehigh Valley has a strong, industrious workforce known for its production expertise and high level of technical training. Workers are committed to their employers and the community, spending thousands of hours giving back through volunteer work with local service organizations. Companies can draw from a deep pool of talented, educated professionals thanks to a dozen colleges, universities, and career and technical centers in the region that enroll more than 50,000 students.
High Quality of Life
Corporations find it easy to attract talent to the Lehigh Valley, which offers a lower cost of living and more affordable housing than most parts of the Northeast. Residents have access to exceptional schools and hospitals, as well as plentiful arts, culture and recreation. Cities in the region are bustling with live music and entertainment, specialty restaurants and retail, and sports attractions such as professional hockey and minor league baseball.
The Lehigh Valley region of Pennsylvania is a leader in the global marketplace, with EB-5 investors from across the world, seeking a new place, new ideas, the best of talent, with a pro-business state-of-mind. Choose the Lehigh Valley, Pennsylvania for your next project. Come Here, Grow Here, Start Here, and Thrive Here.
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