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Key Sectors

Five key sectors – advanced manufacturing, energy, financial and business services, healthcare and life sciences and information technology – are the pillars of the Pittsburgh region’s economy, which has outperformed other competitor regions even during one of the nation’s worst recessions. These sectors create a regional economy that’s diverse, resilient and predictable. Discover why Pittsburgh means business.

Choose one of he following sectors:

Advanced Manufacturing
Energy
Financial and Business Services
Healthcare and Life Sciences
Information Technology

Advanced Manufacturing

Home to a century-long tradition of world-leading innovation and manufacturing excellence, Pittsburgh is named one of “America’s hottest cities” to locate a manufacturing business (Expansion Management). Top manufacturers like Alcoa, Allegheny Technologies, Covestro, Bombardier, Eaton, H.J. Heinz, Koppers, LANXESS, NOVA Chemicals, PPG Industries, U.S. Steel and Westinghouse Electric thrive here. While smaller precision tooling and machining companies meet global demands for the components that keep the world’s machines running. Read more

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Energy

The Pittsburgh region is the new center of American energy with ample natural resources and a 150-year history of energy innovation. Home to 800+ firms that directly support 50,000+ jobs, Pittsburgh is uniquely strong across seven energy industries: coal, natural gas, nuclear, solar, wind, transmission & distribution components and intelligent building technologies. Read more

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Financial and Business Services

Among the “Top 10 Least Costly Places to Do Business” (KPMG), the Pittsburgh region has been a center for asset management, banking and shared services for more than 150 years. Financial and business services is the region’s leading industry sector, contributing 23% of the gross regional product and employing 230,000 people at some 15,000 firms. Read more

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Healthcare and Life Sciences

Healthcare and life sciences – a robust sector built on a legacy of biomedical innovation – is cultivating lifesaving technologies, medical device advances, regenerative medicine and pharmaceuticals from the Pittsburgh region. As a top receiver of National Institutes of Health R&D funding, the region boasts assets like the pioneering transplantation techniques of Thomas E. Starzl, the McGowan Institute for Regenerative Medicine and Pittsburgh Tissue Engineering Initiative (PTEI), among others. Pittsburgh has a unique convergence of research and clinical assets including the renowned University of Pittsburgh Medical Center (UPMC) ranked the 10th-best national medical system in the country by U.S. News & World Report, 2012. Read more

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Information Technology

A tech-savvy talent pipeline and robust network of organizations that support and finance innovation continue to grow the region’s knowledge-based economy. In the past decade, nearly $1.8 billion in venture capital has been invested in emerging regional businesses. The region is also home to two Tier One research institutions – Carnegie Mellon University and the University of Pittsburgh—in addition to 33 other regional colleges and universities. Read more

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