Breaking Pittsburgh Business News: Top Companies Expanding in the City
Pittsburgh, the Steel City, is no stranger to economic development, making it an attractive location for companies looking to expand. In recent years, numerous top companies have set their sights on Pittsburgh, which has resulted in a wave of new investments, job opportunities, and economic growth.
Here’s a closer look at some of the top companies expanding in Pittsburgh and their impact on the city’s economy.
Amazon
The tech giant, Amazon, decided to open a new distribution center in Pittsburgh in 2020. The company invested $30 million in this project, which generated over 1000 full-time jobs and additional part-time jobs. The new facility has also contributed to the local economy by partnering with small businesses.
Shell Chemicals
Shell Chemicals, a global leader in the petrochemical industry, has been expanding its operations in Monaca, near Pittsburgh, since 2012. The company’s ethane cracking plant is the first of its kind in the U.S. and is part of a $6 billion investment. The operation has generated over 6000 temporary construction jobs and 600 permanent jobs.
PPG Industries
PPG Industries, a global supplier of paints, coatings, and specialty materials, has been based in Pittsburgh for over 135 years. The company has expanded its headquarters, creating a state-of-the-art research center that employs over 400 scientists and technicians. PPG also has partnerships with local universities to provide research opportunities for students.
Uber
Uber, the ride-hailing service, established its first autonomous vehicle development office in Pittsburgh in 2015. Uber’s Advanced Technologies Group (ATG) has been working on developing self-driving cars. The ATG has created hundreds of jobs and has become a hub for autonomous vehicle development.
UPMC
University of Pittsburgh Medical Center (UPMC) is one of the largest healthcare providers in the U.S. UPMC has been investing in Pittsburgh for many years and has been expanding its facilities. The company has built new hospitals and research centers, and has created thousands of jobs in the process. UPMC is also one of the largest employers in the city.
Conclusion
These are just a few of the top companies that have been expanding in Pittsburgh, contributing to the city’s economy. The investments made by these companies have created new jobs, stimulated economic growth, and attracted other businesses to the city. With more top companies investing in Pittsburgh, the city’s economic future looks bright.
(Note: Do you have knowledge or insights to share? Unlock new opportunities and expand your reach by joining our authors team. Click Registration to join us and share your expertise with our readers.)