Why Pennsylvania Is a Smart Investment

The numbers say it all! When it comes to rankings and statistics, it’s easy to see why foreign investors prefer Pennsylvania.

• Pennsylvania ranks 3rd in the northeastern U.S. (after New York and New Jersey) and 9th out of the 50 U.S. states in the total number of foreign-owned firms.
• Pennsylvania ranks 6th in the U.S. in the number of employees supported by U.S. subsidiaries of foreign-owned corporations.
• More than 1,400 foreign-owned firms operate in Pennsylvania, and these firms employ more than 249,400 individuals – nearly 5% of Pennsylvania's private sector workforce.
• 38% of foreign-owned firms in Pennsylvania are manufacturers, and they account for nearly 12% of Pennsylvania’s total manufacturing employment.