Gov. Wolf: ADP’s Arrival in Allentown Another Sign of Pennsylvania’s Economic Reinvention
October 10, 2019
Allentown, PA – Today, Governor Tom Wolf celebrated the arrival of payroll-processing company ADP LLC in downtown Allentown as a symbol of the economic renaissance of Pennsylvania’s cities along with Department of Community and Economic Development Secretary Dennis Davin, state and local officials and company representatives.
“Allentown is in the midst of a reinvention – one that is driven by a highly skilled workforce and a team of leaders who are committed to making the Lehigh Valley once again known worldwide as a place of wealth and success,” said Gov. Wolf. “I am so proud to be here today to welcome ADP to downtown Allentown. Your arrival is a sign of how far we’ve come, and an indication of the potential we have to go even further.”
ADP is the world’s largest provider of human resources, payroll, tax and benefits administration with offices in more than 140 countries. The company’s expansion into a new office at Five City Center, located at Eighth and Hamilton streets, will support the combined retention and creation of up to 1,600 full-time jobs in the area.
ADP’s decision to choose Allentown as its home comes amid an economic development boom within the city and throughout the region. The city is thriving with new construction and business openings, including the Downtown Allentown Market last month. Once reliant on the steel and manufacturing industries, Allentown has diversified and become internationally recognized in areas like financial services and health care. The Lehigh Valley was named one of the top 10 emerging U.S. industrial markets to watch in 2019 by Colliers International due to its steady growth, high worker population, availability of desirable properties and connections to several of the largest cities in the United States.
“About 50 years ago, Bethlehem Steel began its collapse, creating what felt at the time like a wound that will not heal,” Gov Wolf said. “This was compounded by the closure of industrial plants – a story that’s all too familiar, not just here but across America. But Pennsylvanians are not people who let themselves be downtrodden. Yes, we have taken our share of hard knocks, but we have time and again risen up, reinvented ourselves and become stronger than ever.”
Economic reimagining is not limited to the Lehigh Valley. With the 18th largest economy in the world, Pennsylvania was named the most economically diverse state by Bloomberg Research in 2019. While Pennsylvania continues its long-held dominance in areas like energy, manufacturing, and agribusiness, the commonwealth is garnering international attention to its growth in postindustrial sectors like biotechnology, telecommunications, financial technology, and robotics.
This diversification is supported by investments in key areas like education and transportation. U.S. News & World Report named Pennsylvania the best in the nation for its business schools, and Forbes ranks the commonwealth number one for its two-year trade schools.
“Pennsylvania is a hotbed of innovation, entrepreneurship, and creativity,” said Secretary Davin. “From startup to launch, we proudly offer the resources, technical assistance, and supportive environment our businesses need to succeed.”
For more information about the Wolf Administration’s commitment to growing Pennsylvania’s economy and revitalizing communities, visit the Department of Community and Economic Development (DCED) website or follow us on Twitter, LinkedIn, Facebook, and YouTube.