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010_AnnualRprt.qxd:Layout 1 9/9/11 10:42 AM Page 1 11 STANWIX ST., 17th FLOOR | PITTSBURGH, PA 15222-1312 TOLL FREE: 1 (877) 392-1300 | PHONE: (OUTSIDE OF U.S. AND CANADA) +1 (412) 281-1890 | FAX: (412) 471-2554 | www.alleghenyconference.org 010_AnnualRprt.qxd:Layout 1 9/9/11 10:42 AM Page 3 Mission Statement Letter from the Chair The Allegheny Conference on Community Development and its Affiliates – the Greater Pittsburgh Chamber of Commerce, the A Challenging Year Pennsylvania Economy League of Southwestern Pennsylvania and the Pittsburgh Regional Alliance – work together to stimulate economic growth and improve the quality of life in southwestern Pennsylvania. For more than two years now, as the world has could undo many of the gains we have made in struggled to emerge from a deep recession, many improving the competitiveness of the Common- in our region have felt the strain as well. The re- wealth and our region. covery has come in fits and starts in manufactur- ing and other key sectors that create much of our As I embark on my last year as Conference About the Conference region’s wealth. Through it all, however, our re- Chair, we move toward achieving the goals gion has enjoyed a relatively better economic per- set in the 2009-2011 agenda: simpler, more ounded in 1944, the Allegheny Conference Three affiliated organizations, each staffed by cure public sector investment and legislative formance than most. cost-effective government, sound trans- FonCommunityDevelopmentisoneofthe the Conference, provide research and analysis, and regulatory improvements to our busi- portation infrastructure, a competitive nation’sleadingeconomicandcommunityde- advocacy and marketing to realize the vision ness climate. Our diverse economy and real, if incremental, im- business climate, creating jobs through provements to our business climate in this velopment organizations, combining strong of the Conference leadership. business investment and building a decade have helped to keep the regional unem- 21st-century workplace. We also embark private sector leadership with commitment The PITTSBURGH REGIONAL ALLIANCE (PRA), ployment rate below the national average, and on our agenda-setting process for 2012- frompublicsectorpartners.Ourstrategicfocus The PENNSYLVANIA ECONOMY LEAGUE OF a 10-county regional economic development SOUTHWESTERN PENNSYLVANIA provides partnership, markets southwestern Pennsyl- we continue to attract global attention for our 2014. By harnessing the collective en- is on creating a more competitive business cli- story of regional transformation. We have more publicpolicyresearchandanalysisonthemost vania to companies across the region and ergy of our Regional Investors and mate and marketing the Pittsburgh region for than 20,000 open jobs in the region. There is many partners in the region we can as- critical issues for our region’s competitiveness. around the world to attract capital investment investment, job creation and top talent. The every reason to imagine a bright future here. Yet sure our bright future. and stimulate job creation. Conference relies upon the Regional Investors The GREATER PITTSBURGH CHAMBER OF that future is far from assured. Council – leaders of more than 300 companies COMMERCE, working with private and public Learn more about how our structure John P.Surma andorganizations–toprovidetime,talentand Pennsylvania Governor Tom Corbett is facing a Chair, Allegheny Conference on sector partners, serves as our region’s chief works on page 4. stark fiscal reality. There is a danger that the ef- resources to advance our agenda. Community Development advocate at all levels of government to se- fort in Harrisburg to meet these real challenges Chairman & CEO, U. S. Steel Corporation | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2010 ANNUAL REPORT | 1 010_AnnualRprt.qxd:Layout 1 9/9/11 10:42 AM Page 5 The Pittsburgh World Tour 2010 Resilience Through Diversification Enhancing The Buzz Pittsburgh’s prosperity is powered by key industry sectors: International Momentum “Shanghai and Pittsburgh share a story of Health Care and Life Sciences Our region is also attracting inbound interna- citiesthat,intheirownplaceandtime,have Pittsburgh’s health services sector,employing tional interest. Delegations from Toronto and had an opportunity to reinvent themselves almost 184,000 people, builds on a legacy of Seoul visited in preparation for hosting the G- and,inmanyways,toshapetheworld. Iam biomedical innovation to create a robust net- 20 in their countries. During 2010 the region alreadylookingforwardtoanyfuturecollab- work that’s cultivating lifesaving technolo- hostedvisitsby businessdecisionmakersfrom orations between Pittsburgh and Shanghai gies, medical device advances, regenerative Egypt, Qatar, France, Brazil, Oman, Germany, that might follow my first visit.” medicine and pharmaceuticals. UPMC has Switzerland and the United Kingdom. And, grown into the region’s largest employer and along the way, Pittsburgh played North Amer- – City of Pittsburgh Mayor Luke Ravenstahl an $8 billion global health care enterprise. ican host to World Environment Day, another GlaxoSmithKline Consumer Healthcare, result of G-20 exposure. It seemed that all roads led to and from the Advanced Manufacturing MEDRAD, Mylan, Philips Respironics and West Information and Pittsburgh region in 2010. Largely as a result Theregionitself–throughtheleadershipofthe Top manufacturers like Alcoa, Allegheny Penn Allegheny Health System are also part of Communications Technology of the Group of 20 leaders’ summit in Septem- AlleghenyConference’smarketingaffiliate,the Technologies, Bayer, Bombardier, Eaton, H.J. this sector. Almost 1,600 technology firms including ber 2009, the region hosted a record number Pittsburgh Regional Alliance (PRA) – embarked Heinz, Koppers, LANXESS, NOVA Chemicals, ANSYS, Apple, Black Box, Google, Intel and on separate business outreach trips to Europe of leadership visits – from city visits by Cham- PPG Industries, U. S. Steel and Westinghouse Mastech are here and employ some 32,000 and Asia. Pittsburgh’s “world tour” began in bers of Commerce from across the United thrive here. Smaller precision tooling and people. A tech-savvy talent pipeline and ro- States to international visits by both digni- April with business investment outreach to machining companies meet global demands bust network of organizations that support taries and journalists organized by members Denmark and the United Kingdom to promote for the components that keep the world’s and finance innovation continue to grow of 2009’s Pittsburgh G-20 Partnership. ourstrengthsinenergyanddefense&security, and continued with the Pittsburgh Symphony machines running. Pittsburgh’s knowledge-based economy. A Model Region Orchestra’s (PSO) sold-out Tour of Europe 2010. Around World Environment Day, national journalist and During that tour we connected with business other influencers cruised Pittsburgh’s three rivers to Pittsburgh’s story of economic, environmen- explore the region’s transformation. tal and quality of life transformation has at- decisionmakersinSwitzerland,Paris,Frankfurt, tracted visits by regional leaders from across Luxembourg, Prague and Vienna. Global Media Interest Continues the United States before, typically one visit The PRA and VisitPittsburgh hosted domestic every year or two. In 2010, leaders from 10 re- “Doors are opening for the Pittsburgh re- and international journalists during World En- gions called on Pittsburgh. They came from gion as never before. The PRA’s collabora- vironment Day and for the inauguration of the Baton Rouge, Cincinnati, Cleveland, Detroit, tion with the PSO and our European CONSOL Energy Center,the first GoldLEED-cer- Energy Dubuque, Harrisburg, Kansas City, Lexington outreach resulted in 10 promising leads for tified indoor arena in the world. The PRA also A diverse and balanced portfolio is enhanced & Louisville, Mobile and Nashville. Much of future investment in our region. In past engaged with Burson-Marsteller during 2010 byPittsburgh'sdevelopmentofsustainableen- their focus was on Pittsburgh’s unique mix of years we would have been pleased to bring to continue the global media buzz about Pitts- burgh. Here are a few examples of the coverage Education and Research ergysolutionsandcomponents.Thebirthplace Financial and Business Services civic leadership and collaboration that en- home two to three leads.” couraged its transformation. the region received around the world. Theregion’sintellectualcapitalincludes36col- of the oil and gas industry with coal extraction Global institutions with headquarters or major – Allegheny Conference CEO Dennis Yablonsky leges and universities, including two Tier One expertise that dates back more than 250 years, business units here include BNY Mellon, Citi- • Pittsburgh: From Steel Town to City research institutions – Carnegie Mellon Uni- the region's energy economy now includes zens Bank, Federated Investors and PNC. Two of Creativity Our fall schedule included visits to Shanghai, versity and the University of Pittsburgh – while morethan700firmsspanningextraction,sup- of the world’s largest law firms – K&L Gates – Xinhua News Agency (China) China and Seoul, as the South Korean capital 100 corporate research and development cen- ply chain and innovation for traditional and al- and Reed Smith – are based here, as is Penn- prepared to host its G-20 summit. Shanghai • Funding and Social Capital are Key ters keep Pittsburgh in a pacesetter position. ternative energy resources.