185:, based in Erie, is the city's lead development coordinator. It routinely works with the Erie County General Authority (ECGA), the Erie County Community Services Financing Authority (ECCSFA), the Erie Industrial Development Corporation (EIDCO), the Erie County Industrial Development Authority (ECIDA), the Enterprise Development Fund of Erie County, and the Greater Erie Industrial Development Corporation (GEIDC). EDCEC assists with state financing and incentive programs.
591:
242:(HUD) in February 2006, which prioritizes and coordinates a range of existing neighborhood development efforts. The NRSA plan targets improvements to the center city neighborhoods known as the SNOOPS Neighborhood Watch, the Central City Neighborhood Alliance Neighborhood Watch, the Center City East neighborhood, the Little Italy neighborhood, and a section of the Downtown Improvement District (DID). HUD approval allows the city access to federal funds through the
96:. The Plastek Group is a major manufacturer of plastic packaging materials for consumer goods, cosmetics and pharmaceuticals, as well as connectors for cars, circuit cards, card holders, and other plastic products. Erie Insurance Group handles a wide range of insurance products, including life, health, automobile, and homeowners.
193:
Mayor Rick
Fillipi established an aggressive citywide real estate tax abatement program in November 2002, overhauling a more modest tax abatement program dating back to the 1970s that only applied to low- and moderate-income neighborhoods. The Local Economic Revitalization Tax Act (LERTA) plan allows
72:
As of June 2005, Erie's top-ten employers by size of work force are the government (6,435 persons, or 30%), manufacturers (5,200 persons, or 24%), medical services (4,774 persons, or 22%), and other (insurance, retail, and public utilities) (4,950 persons, or 23%). This diversity is less apparent
194:
a 100% ten-year tax exemption for the costs of new construction or improvements to property. The program in its current form expires on 13 November 2007. The City
Council, the Erie School Board, and the Erie County Council must approve any new program.
535:
622:
222:
State and local tax relief is provided to qualified Erie businesses, residents, and property owners to encourage them to develop designated
Keystone Opportunity Zones. Erie falls under the jurisdiction of the
615:
608:
214:. KIZ aims to bring businesses and universities together to promote technological innovations and therefore regional economic development at the nexus of education and commerce.
304:
115:
is vital to Erie's economy. Over 10% of the nation's plastics are manufactured or finished in Erie-based plastics plants. These plants are supported by many locally owned
73:
among firms with fewer employees, however. For example, manufacturing is a significant 39% of the local economy among firms with 200 to 500 employees (18 of 46 firms).
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The city's
Department of Economic and Community Development (DECD), in cooperation with selected urban neighborhood stakeholders, submitted a five-year plan to the
239:
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36:
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As of
February 2021, Erie's unemployment rate was 9.9%. This compares to a 7.3% unemployment rate for Pennsylvania and 6.2% for the country as a whole.
560:
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84:, headquartered in Pittsburgh. However, Wabtec has maintained operations at the Erie locomotive plant, moving manufacturing from the former
580:
545:
108:, which specializes in shock- and vibration-damping products for the aerospace industry, was founded in and has major operations in Erie.
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Tourism plays an increasingly important role in the local economy as the number of visitors continues to rise. The millions who visit
1034:
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Heavy industry is on the decline in Erie. However, smaller, high-precision companies are growing in size and scope. For example,
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in the fall of 2007, with an expected production volume of 45 million US gallons (170,000 m) of biofuel per year.
207:
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The following municipal, county, and state programs are vital aspects of the economic development of the Erie community.
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800:
550:
51:, as well as health care, insurance, tourism and recreation have emerged as Erie's new diverse mix of key industries.
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Palatiella, Ed, Revised LERTA plan: Shorten program, target blighted areas, Erie Times-News, 6 May 2007, pp 1A, 8A
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Erie is an emerging center for biofuels and environmental research. Erie
Biofuels, located on the former
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305:"Wabtec to Close Locomotive Manufacturing Company in Boise, Consolidate Operations into Erie Site"
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building is all that remains of big industry, but smaller-scale steel and
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Erie, PA Economy at a Glance. (n.d.). Retrieved April 05, 2017, from
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166:, creating more jobs and drawing even more tourists into the area.
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to Erie. It is also home to others such as
Plastek Industries and
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The
Economic Development Corporation of Erie County, Inc (EDCEC)
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475:
471:
328:
116:
203:
31:. The city developed first as a maritime center after the
230:
for coordination of KOZ matters with the commonwealth.
225:
Northwest
Regional Planning and Development Commission
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also frequent downtown Erie and regional attractions.
39:, and as an important manufacturing center during the
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Technology
Council of Northwest Pennsylvania (TCNWP)
992:
951:
915:
899:
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234:Neighborhood Revitalization Strategy Area (NRSA)
76:Erie is no longer the corporate headquarters of
278:Erie Regional Chamber and Growth Partnership.
240:US Department of Housing and Urban Development
19:is the Commonwealth's primary access point to
616:
487:
189:Local Economic Revitalization Tax Act (LERTA)
80:, which was spun off from GE and merged with
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632:Economy of the United States by jurisdiction
267:https://www.bls.gov/eag/eag.pa_erie_msa.htm
623:
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206:is the regional coordinator of Erie KIZ
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100:Manufacturing and technology industries
35:, as a railroad hub during the great
7:
144:Tourism and entertainment industries
198:Keystone Innovation Zone (Erie KIZ)
178:Erie County development assistance
14:
244:Community Development Block Grant
589:
218:Keystone Opportunity Zone (KOZ)
140:is also headquartered in Erie.
1:
1161:Economy of Erie, Pennsylvania
979:Pine Ridge Indian Reservation
129:plant, which began producing
456:"Mayor Announces Lerta Plan"
248:see details in the NRSA plan
68:Top industries and employers
964:Flathead Indian Reservation
37:American westward expansion
1177:
394:Erie Chamber of Commerce.
370:"Lord Corporation History"
587:
511:
212:(see DCED Program Finder)
933:Northern Mariana Islands
280:"Major Employee Groups"
162:opened for business in
150:Presque Isle State Park
60:Unemployment statistics
43:. By the 21st century,
349:"Erie Insurance Group"
155:In February 2007, the
49:plastics manufacturers
208:(see program details)
41:Industrial Revolution
29:Saint Lawrence Seaway
907:District of Columbia
421:"Lake Erie Biofuels"
170:Economic development
138:Erie Plating Company
952:Indian Reservations
943:U.S. Virgin Islands
329:"The Plastek Group"
309:www.erienewsnow.com
45:electric locomotive
33:American Revolution
993:Cities or counties
157:Presque Isle Downs
17:Erie, Pennsylvania
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959:Black Feet Nation
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113:plastics industry
78:GE Transportation
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427:on 2007-04-24
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402:on 2013-01-11
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376:on 2007-06-06
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1050:Indianapolis
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974:Osage Nation
846:South Dakota
836:Rhode Island
831:Pennsylvania
811:North Dakota
566:Presque Isle
525:
521:Demographics
504:City of Erie
459:. Retrieved
449:
440:
429:. Retrieved
425:the original
415:
404:. Retrieved
400:the original
396:"Fact Sheet"
389:
378:. Retrieved
374:the original
363:
352:. Retrieved
343:
332:. Retrieved
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312:. Retrieved
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288:. Retrieved
284:the original
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120:machine tool
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90:Boise, Idaho
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71:
63:
15:
1065:Long Island
1055:Kansas City
1035:Door County
938:Puerto Rico
916:Territories
761:Mississippi
676:Connecticut
122:job shops.
86:MotivePower
25:Great Lakes
1135:Youngstown
1105:Pittsburgh
1070:Louisville
876:Washington
796:New Mexico
791:New Jersey
666:California
461:2007-05-21
431:2007-05-21
406:2007-05-21
380:2007-05-25
354:2007-05-25
334:2007-05-25
314:2021-01-03
290:2007-05-21
253:References
55:Employment
27:, and the
1125:St. Louis
1115:San Diego
1060:Lexington
1020:Cleveland
1000:Allentown
886:Wisconsin
851:Tennessee
756:Minnesota
731:Louisiana
228:(see map)
131:biodiesel
88:plant in
21:Lake Erie
1155:Category
1130:Stamford
1025:Columbus
871:Virginia
821:Oklahoma
801:New York
776:Nebraska
766:Missouri
751:Michigan
741:Maryland
726:Kentucky
706:Illinois
681:Delaware
671:Colorado
661:Arkansas
1120:Spokane
1100:Phoenix
1085:Norfolk
1075:Memphis
1045:Houston
1030:Detroit
1015:Chicago
1010:Buffalo
1005:Atlanta
891:Wyoming
866:Vermont
771:Montana
711:Indiana
691:Georgia
686:Florida
656:Arizona
646:Alabama
541:History
526:Economy
984:Seneca
826:Oregon
781:Nevada
721:Kansas
696:Hawaii
651:Alaska
576:Sports
546:Mayors
516:County
160:racino
82:Wabtec
23:, the
1090:Omaha
856:Texas
736:Maine
701:Idaho
639:State
561:Parks
551:Media
1040:Erie
928:Guam
861:Utah
816:Ohio
716:Iowa
202:The
136:The
111:The
117:CNC
1157::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.