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 Economy

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For over two decades, the Johnstown MSA has been transitioning from almost exclusive dependence on heavy industry and agriculture to a diversified, international, market-driven economy.  Although significant contributions are still being made by more traditional businesses, the overall prosperity of the region is being influenced more and more by "new economy" growth.  The progress we're making is a tribute to the pioneering ingenuity of the growing number of new business leaders, knowledge workers, engineers, technicians, and researchers who call the Johnstown MSA home.  Innovations originating from our area will revolutionize life in the 21st century, just as blast furnaces and coal hoppers changed life in the last century. 

 

Top Employers

Development Trends

 

Related Links:

 

Johnstown MSA Economic Outlook (PNC Bank)

 

Pennsylvania FDIC State Profile


Top Employers

  1.   Pennsylvania State Government

11.   St. Francis University

  2.   Conemaugh Valley Memorial Hospital

12.   University of Pittsburgh at Johnstown

  3.   United States Government

13.   First National Bank

  4.   Cambria County Government

14.   Greater Johnstown School District

  5.   UPMC Lee Regional Health System

15.   Gilmour Manufacturing Company

  6.   Seven Springs Resort

16.   Sheetz

  7.   Wal-Mart

17.   Ameriserv Financial

  8.   Concurrent Technologies Corporation

18.   Somerset County Government

  9.   Somerset Hospital

19.   Appalachia Intermediate Unit 08

10.   Fleetwood Folding Trailers

20.   Somerset Area School District

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Development Trends

 

Project

Description

Downtown Johnstown Revitalization The 21st Century Plan-Implementation is ongoing.  The Upper Main Street Area Land Use Plan has $600 K in committed funding.  The  Parking-Traffic Circulation Study Implementation has $1 M in committed funding.  The Discover Downtown Project is ongoing.
JARI/Windber Research Institute Multi-Tenant Biotechnology Facility A $6 M joint venture project to build a new 42,000 square foot laboratory and office facility for the Windber Research Institute that will also serve as an incubator for start-up biotechnology companies.  $2 M in Commonwealth of PA funding is committed.  Estimated completion date:  November 2004.
Johnstown Industrial Site/Brownfield Reclamation Redevelopment of various industrial sites for re-use.  Included are the Cambria Iron Works ($2.5 M in funding is committed), Hornerstown Industrial Park, and Kernville blight removal and land use.
Johnstown Point Stadium Renovation of an historic stadium as a multi-purpose sports arena, event facility, and community center.  $3.5 M is currently funded.
Johnstown Renaissance Complex An $25 M project comprised of renovations to the 4,000 seat Cambria County War Memorial Arena (home of the Johnstown Chiefs), new construction of the Frank J. Pasquerilla Conference Center (33,000 square feet of state-of-the-industry meeting, banquet, and exhibition space), and new construction of an Intermodal Transportation Center (connections to regional transportation and 600 parking spaces).  Estimated completion date:  November 2003.
Regional Emergency Operations Center Development of a prototype command and control operations center to allow seamless collaboration and communication among diverse groups of first responders.  $140 K in funding is committed from the City of Johnstown, $5 M in federal funds is pending.
Richland Township Development $40 M in new construction for the American Red Cross Multi-State Headquarters, United Cerebral Palsy Regional Headquarters, Wal-Mart Super Center, and other projects.  Estimated completion dates: Various.
Route 56 Johnstown West End Bypass A 12-year roadway improvement project to facilitate easier access from the City of Johnstown to Pittsburgh and points west.  A $5 M study is funded, an additional $4.5 M will be funded over the 1st four years of construction, and the remaining $75 M is pending over the final four years of construction.
Sandyvale Memorial Botanical Gardens A four-phase beautification and restoration of over 10 acres of cemetery and park land in inner city Johnstown, including creation of an arboretum and new construction of a Visitor's Center.  An $80 K study is funded, $100 K in funds is committed from the City of Johnstown, and $500-800 K in private funds is pending.

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