Economy of Allentown, Pennsylvania

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Allentown, the largest city in the Lehigh Valley, third-largest city in Pennsylvania, and county seat of Lehigh County in May 2010 Allentown.jpg
Allentown, the largest city in the Lehigh Valley, third-largest city in Pennsylvania, and county seat of Lehigh County in May 2010

Allentown, Pennsylvania is the home for the global and U.S. corporate headquarters of several companies, including Air Products, PPL Corporation, and others. The largest employer in the Lehigh Valley is Lehigh Valley Health Network with almost 8,000 employees.

Contents

Tourism and activities

The global headquarters of Air Products, an $8.8 billion S&P 500 company headquartered outside Allentown in Trexlertown, Pennsylvania, March 2014 Air Products Headquarters, Trexlertown.JPG
The global headquarters of Air Products, an $8.8 billion S&P 500 company headquartered outside Allentown in Trexlertown, Pennsylvania, March 2014
The corporate headquarters of PPL Corporation, a $7.6 billion S&P 500 company in Center City Allentown, January 2007 2007 - PPL Building.jpg
The corporate headquarters of PPL Corporation, a $7.6 billion S&P 500 company in Center City Allentown, January 2007
Bethlehem Steel in Bethlehem was the second largest steel manufacturer in the United States and one of the Lehigh Valley's largest employers until it began downsizing in the 1980s, ultimately declaring bankruptcy in 2001 Bethlehem Steel.jpg
Bethlehem Steel in Bethlehem was the second largest steel manufacturer in the United States and one of the Lehigh Valley's largest employers until it began downsizing in the 1980s, ultimately declaring bankruptcy in 2001
South Mall on Lehigh Street outside Allentown, one of several Allentown-area shopping malls, June 2015 South Mall, Allentown PA 06.JPG
South Mall on Lehigh Street outside Allentown, one of several Allentown-area shopping malls, June 2015

The arrival of two professional athletics teams in the 21st century have helped bolster the Allentown economy, which has historically been considered part of the Rust Belt. In Center City Allentown, PPL Center, an 8,500-capacity indoor arena, opened in September 2014 as the new home for the Lehigh Valley Phantoms of the American Hockey League, the primary development team of the National Hockey League's Philadelphia Flyers. PPL Center also hosts major concerts and entertainment events. In East Allentown, Coca-Cola Park, a 10,178-capacity baseball stadium, opened in March 2008 as the new home for the Lehigh Valley IronPigs of the International League, the Triple-A-level Minor League affiliate of the Philadelphia Phillies of Major League Baseball.

Previously established attractions include the Allentown Art Museum, which completed a $15.4 million expansion projected in 2010-11, and the Baum School of Art, the city's primary art school. Several Allentown-based universities universities, including Cedar Crest College and Muhlenberg College, attract scholars and academics from all over the country.

Shopping

The city and its suburbs have several shopping malls, including Lehigh Valley Mall (the largest in the region) and Whitehall Mall, both located in Whitehall Township, South Mall on Lehigh Street in Salisbury Township, and The Promenade Shops at Saucon Valley in Center Valley.

Companies and corporations

The following is a list of corporations based in Allentown and the surrounding area:

Former corporations

The following is a list of companies formerly headquartered in Allentown and the surrounding area:

See also

Related Research Articles

<span class="mw-page-title-main">Lehigh County, Pennsylvania</span> County in Pennsylvania, United States

Lehigh County is a county in the Commonwealth of Pennsylvania. As of the 2020 census, the county's population was 374,557. Its county seat is Allentown, the state's third-largest city after Philadelphia and Pittsburgh.

<span class="mw-page-title-main">Allentown, Pennsylvania</span> Home rule municipality in Pennsylvania, United States

Allentown is a city in the Commonwealth of Pennsylvania and the county seat of Lehigh County, in the United States. It is the third-most-populous city in Pennsylvania with a population of 125,845 as of the 2020 census and the largest city in the Lehigh Valley metropolitan area, which had a population of 861,899 and was the 68th-most populous metropolitan area in the nation as of 2020.

<span class="mw-page-title-main">Salisbury Township, Lehigh County, Pennsylvania</span> Township in Pennsylvania, United States

Salisbury Township is a township in Lehigh County, Pennsylvania. The township's population was 13,505 at the 2010 census. The township borders Allentown, Pennsylvania's third-largest city, Bethlehem, and Emmaus, in the Lehigh Valley, which had a population of 861,899 and was the 68th-most populous metropolitan area in the U.S. as of the 2020 census.

<span class="mw-page-title-main">Bethlehem, Pennsylvania</span> City in Pennsylvania, United States

Bethlehem is a city in Northampton and Lehigh Counties in the Lehigh Valley region of eastern Pennsylvania, United States. As of the 2020 census, Bethlehem had a total population of 75,781. Among its total population as of 2020, 55,639 were in Northampton County and 19,343 were in Lehigh County. It is the eighth-most populous city in the state. The city is located along the Lehigh River, a 109-mile-long (175 km) tributary of the Delaware River.

<span class="mw-page-title-main">Index of Pennsylvania-related articles</span>

The following is an alphabetical list of articles on people, places, and things related to Pennsylvania in the United States.

<span class="mw-page-title-main">Lehigh Valley</span> Metropolitan Statistical Area in the United States

The Lehigh Valley, known colloquially as The Valley, is a geographic and metropolitan region formed by the Lehigh River in Lehigh and Northampton counties in eastern Pennsylvania. It is a component valley of the Great Appalachian Valley bounded to its north by Blue Mountain, to its south by South Mountain, to its west by Lebanon Valley, and to its east by the Delaware River and Warren County, New Jersey. The Valley is about 40 miles (64 km) long and 20 miles (32 km) wide. The Lehigh Valley's largest city is Allentown, the third-largest city in Pennsylvania and the county seat of Lehigh County, with a population of 125,845 residents as of the 2020 census.

<span class="mw-page-title-main">PPL Corporation</span> American energy company

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.

<span class="mw-page-title-main">LANta</span> Lantana

TheLehigh and Northampton Transportation Authority (LANTa) is a regional public transportation authority that provides public bus and rapid transit service throughout the Lehigh Valley region of eastern Pennsylvania, including Allentown, Bethlehem, Easton, and their respective suburbs.

<span class="mw-page-title-main">Pennsylvania Route 222</span> Highway in Pennsylvania

Pennsylvania Route 222 is a 4.482 mi (7.213 km)-long state highway located in Allentown and its surrounding suburbs in the Lehigh Valley region in eastern Pennsylvania.

Cedar Crest Boulevard, colloquially known as Cedar Crest and The Boulevard, is a major north-south highway in Lehigh County, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. South of Interstate 78 (I-78), the road is part of Pennsylvania Route 29. North of it, the road becomes State Route 1019.

The Lehigh Valley Interscholastic Athletic Conference, known informally as the Lehigh Valley Conference or LVC, was an athletic conference consisting of 12 of the largest high schools from Lehigh and Northampton counties in the Lehigh Valley region of Pennsylvania. It was part of District XI of the Pennsylvania Interscholastic Athletic Association (PIAA). In 2014, its teams were mostly assimilated into the Eastern Pennsylvania Conference, an even larger 18-team league of the largest high schools in the Lehigh Valley and Pocono Mountains regions of eastern and northeastern Pennsylvania.

<span class="mw-page-title-main">Hamilton Street</span> Major thoroughfare in Allentown, Pennsylvania

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<span class="mw-page-title-main">Sports in Allentown, Pennsylvania</span> Overview of sports activities in Allentown, Pennsylvania

Sports in Allentown, Pennsylvania has a rich tradition at all levels, including professional sports, the Olympics, and high school levels. While most Allentown residents support professional sports teams in New York City or Philadelphia, Allentown itself also is home to two major professional sports teams, the Lehigh Valley IronPigs, the Triple A team of the Philadelphia Phillies of Major League Baseball, and the Lehigh Valley Phantoms of the American Hockey League, the primary development team of the Philadelphia Flyers.

<span class="mw-page-title-main">Buildings and architecture of Allentown, Pennsylvania</span>

The buildings and architecture of Allentown, Pennsylvania reflect the city's history from its founding in 1762 through the present.

<span class="mw-page-title-main">Culture of Allentown, Pennsylvania</span> Overview of the culture of Allentown, Pennsylvania (USA)

The culture of Allentown, Pennsylvania dates back to the early 18th century settlement of the city and the surrounding Lehigh Valley, which was then part of the Province of Pennsylvania, one of the original Thirteen Colonies, by German immigrants almost exclusively affiliated the Lutheran, Moravian, and Reformed faiths, three of the most prominent Protestant denominations.

<span class="mw-page-title-main">Center City Allentown</span>

Center City Allentown is the downtown and central business district of Allentown, Pennsylvania, the third largest city in the U.S. state of Pennsylvania. It has a dense population and is currently undergoing an urban revitalization process.

<span class="mw-page-title-main">PPL Center</span>

The PPL Center is an 8,500 seat capacity indoor sports arena in Allentown, Pennsylvania. It opened on September 10, 2014. It is the home arena for the Lehigh Valley Phantoms of the American Hockey League, the primary development hockey team for the Philadelphia Flyers. The arena also hosts major concerts, sports, and entertainment events throughout the year.

<span class="mw-page-title-main">Lehigh Valley Health Network</span>

Lehigh Valley Health Network is a healthcare network based in the Allentown, Pennsylvania in the Lehigh Valley metropolitan region of eastern Pennsylvania. The healthcare network serves the Lehigh Valley and Northeastern Pennsylvania regions of Pennsylvania.

<span class="mw-page-title-main">Lehigh Valley Phantoms</span> American Hockey League team in Allentown, Pennsylvania

The Lehigh Valley Phantoms are a professional ice hockey team based in Allentown, Pennsylvania. The team competes in the American Hockey League (AHL) and serves as the primary development team for the Philadelphia Flyers of the National Hockey League.

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