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In the News

November 19, 2024

RIDC: An engine of economic growth for communities and the region

Which economic development organization in Southwestern Pennsylvania is responsible for active projects that currently support more than 8,000 jobs? Which economic development organization in Southwestern Pennsylvania is responsible for projects that now are a source of more than $200 million in income taxes and $20 million in property taxes? It may surprise some readers to learn that the answer is RIDC — the Regional Industrial Development Corporation of Southwestern Pennsylvania — and that it has achieved these accomplishments by transforming largely abandoned, extremely challenging old industrial sites into engines of economic activities for their communities.

Full article at the Pittsburgh Business Times.