Scientific Advancements

Learn why life science companies choose to be in the Lehigh Valley in this short video about the life science and manufacturing industry in the region.

The Lehigh Valley offers tremendous competitive advantages in the life, biological, and biomedical science fields. The region’s economic assets are uniquely suited to help research and manufacturing firms in this sector pursue new opportunities emerging in the fast-changing life sciences commercial environment.

An economic analysis by the Atlanta-based Garner Economics identified life sciences research and manufacturing as a target sector for the Lehigh Valley based on these factors, among others:

  • Central location and proximity to major U.S. Northeast markets
  • Well-developed transportation infrastructure
  • Availability of adequate water and sewer lines to industrial sites
  • Strong existing local pool of high-demand occupations
  • High relative proportion of residents with bachelor’s degrees in engineering
  • 740 post-secondary completions in year 2012 from local institutions in engineering fields
  • 384 post-secondary completions in year 2012 from local institutions in Biological & Biomedical Sciences fields
  • 1,117 annual post-secondary completions in critical fields from local institutions
  • Strong recent growth of local healthcare cluster
  • Strong recent growth and high local specialization in Healthcare & Life Sciences cluster
  • Presence of Temple University School of Medicine/St. Luke’s University Health Network
  • Presence of Lehigh Valley Health Network’s independent residency program; clinical campus of University of South Florida’s College of Medicine
  • Presence of Lehigh University’s Center for Manufacturing Systems Engineering
  • Quality of place assets: ample opportunities for cultural activities, recreation, shopping, restaurants, and sporting events

The Lehigh Valley has boasted many success stories in the life sciences research and manufacturing sector in recent years. For example, OraSure Technologies was recently commissioned by the federal government to help fight the spread of the Ebola virus. This company began in a business incubator in Bethlehem, Pa., where the economic assets of the Lehigh Valley allowed it to grow into a national leader in point-of-care diagnostics tests and specimen collection devices.

For more information, click here to download the full Garner-Economics report

Lehigh ValleyQuick Facts

  • Industry Spotlight

    13.8% of Labor Force
    Employed in Professional & Business Services
    Q4 2016

  • By the Numbers
    $39.1 Billion

    Gross Domestic Product
    2016

  • Investor Spotlight
    City Center Lehigh Valley
  • Industry Spotlight

    9.8% of Labor Force
    Employed in Manufacturing
    Q4 2016

  • By the Numbers
    $3.44 Billion

    Exports
    2015

  • Investor Spotlight
    Air Products
  • Industry Spotlight

    1,504 Total Office Buildings
    Q2 2017

  • By the Numbers
    $57,510

    Median Household Income

  • Investor Spotlight
    PPL Electric Utilities
  • Industry Spotlight

    1,770 Total Industrial Buildings
    Q2 2017

  • By the Numbers
    24,400

    New Jobs Created Over Past 5 Years

  • Investor Spotlight
    National Penn
  • Industry Spotlight

    5.0% Industrial
    Vacancy Rate
    Q2 2017

  • By the Numbers
    658,477

    Population

  • Investor Spotlight
    Olympus
  • Industry Spotlight

    7.7% Office
    Vacancy Rate
    Q2 2017

  • By the Numbers
    342,493

    Labor Force

  • Investor Spotlight
    Lutron Electronics
  • Industry Spotlight

    17.2% of Labor Force
    Employed in Health Care & Social Assistance

  • By the Numbers
    5,073

    Technology Patents from 2000-2015

  • Investor Spotlight
    Mack Trucks
  • Industry Spotlight

    9.1% Increase in exports
    Among top 20 markets nationally in export growth

  • By the Numbers
    25.8 Million

    Total Office Inventory (Square Feet)
    Q2 2017

  • Investor Spotlight
    UGI
  • Industry Spotlight

    10.1% Industrial rent growth
    Second highest in the U.S.

  • By the Numbers
    115.5 Million

    Total Industrial Inventory (Square Feet)
    Q2 2017

  • Investor Spotlight
    NFI