In the News

We don’t like to brag, but often we find ourselves reading the newspaper when we stumble across our work, or our company name. Here’s a list of some of those articles.

Fourth Economy in the News

Improving the region’s energy infrastructure was the topic of the “Energy for the Power of 32” conference held Thursday at the David L. Lawrence Convention Center. It brought together utility executives, policymakers, professors and environmentalists from the 32 counties surrounding Pittsburgh

During a daylong seminar at the David L. Lawrence Convention Center entitled “Energy for the Power of 32” that drew several hundred people, participants set about the task of determining what it would take to establish an energy policy for 32 counties in parts of four states, encompassing 4.2 million residents. Sponsored by 18 different organizations, including several colleges and universities, participants will attempt to create an energy strategy that would go into effect within the next decade. If successful, it will be one of the first regions in the country to have such a policy, something the federal government and Congress haven’t been able to accomplish.

A community and economic development consulting firm preparing a study for Lebanon Mayor Sherry Capello has released a survey to gauge public opinion about the city and its assets.

Strong leadership and visionary plans – relying on diverse collaboration – are key elements for regional economic growth, according to a benchmark study through the Indiana Economic Development Corp.’s Regional Cities Initiative. Eric Doden, president of the IEDC, and Rich Overmoyer, CEO of Pittsburgh-based Fourth Economy Consulting, led a forum at Sweetwater Sound in Fort Wayne on Oct. 30. They presented an overview of the study to area business leaders, community leaders, consultants and economic development officials.

But township officials think that the community has a lot to offer, and they're in the midst of an effort to convey that message to the world. Earlier this year, the private consulting firm Fourth Economy was hired to help North Huntingdon officials develop a “brand” that will be used to market the community in the hopes of bolstering economic development.

Lebanon Mayor Sherry Capello recently met with a team of community development consultants who are launching a study to determine ways the city can grow economically. Fourth Economy Consulting was hired last month to create an economic development strategy for Lebanon. The Pittsburgh-based firm has a strong track record of providing organizational support and innovative planning to many municipalities, universities, and businesses. Last week's visit by representatives from Fourth Economy was the first step in the development strategy planning process, the mayor said in a news release. "The entire process will review where are we now, what direction should we go and how do we get there?," Capello said. "We are extremely pleased to be working with Fourth Economy and are impressed with their qualifications, past performance, innovative strategies, and concise reporting."

North Huntingdon officials have settled on the Norwin blue-and-gold color scheme for the new township logo. This is one of three variations that officials will choose from.

The IEDC worked with economic development consulting firm Fourth Economy Consulting to identify the regional cities to be studied, and then used the information and data collected to develop case studies and identify common themes found in these cities that could be applied in Indiana.

Indiana is analyzing regional cities across the country that experienced positive economic transformation to identify tools that can benefit growth and investment. This study will provide Indiana’s cities with information and resources to initiate their own transformative economic development strategies. To conduct the study, the Indiana Economic Development Corporation (IEDC) has selected Fourth Economy Consulting, a national economic development consulting firm.

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FEC Index in the News

Chester County has been recognized as the fifth best county in the United States as a community “ideally positioned to attract modern investment and managed economic growth among all regions with a population greater than 500,000.”  The ranking was issued as part of the Fourth Economy Community (FEC) Index by national economic development consultants Fourth Economy Consulting.

Chester County’s talent, community investment, sustainability, sense of place, and diversity have made it one of the nation’s top ten mega-sized Fourth Economy Communities. Fourth Economy Consulting placed Chester County at number five on its latest  national community index, which lists the nation’s top communities of over 500,000 people. The firm said the listing on the index means the county is ideally positioned to attract modern investment and managed economic growth within the fourth economy.

It’s a community that’s also been ranked as the most ethnically diverse in the country. Is there a connection? “It’s a series of factors that come together to really make a place viable and attractive for investment,” said Steven McKnight with the Pittsburgh-based consulting firm, Fourth Economy.

The Fourth Economy Community Index ranked Lexington the top Mid-sized community because it is ideally positioned to attract modern investment and manage economic growth. The index measured investment, talent, sustainability, place, and diversity.

Greensburg officials want the district to spark development and to “enhance the charm and character of the residential neighborhoods,” according to the proposal. Urban, which will be working with Fourth Economy Consulting of Pittsburgh, will be paid $85,000 from grant and foundation money, said Steve Gifford, executive director of the Greensburg Community Development Corp., which is involved in the project.

A panel discussion on “The Responsible Use of Water in Industry” will include Steve McKnight, of Fourth Economy Consulting; Sam Johnson, director of Water Asset Development for CONSOL Energy; Doug Wyatt of the National Energy Technology Laboratory; and Jack Adams and Leo Zappa of Calgon Carbon.

At the County level, the FEC Index divides communities into micro-, small-, mid-, and large-sized counties. Fourth Economy then evaluates five areas; Investment, talent, sustainability, place, and diversity.

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FEC Clients in the News

When the Pittsburgh 2030 District branched out this past August, its reputation preceded its expansion. After just two years, the initiative had already guided a disparate assortment of property and business owners down a path toward creating high-performance, energy-saving buildings in the city’s Downtown.

Although there has been much discussion about the area's energy resources and how to best capitalize on them, the thing that's missing is a plan for the years ahead.

Organizers of a gathering in Pittsburgh next week aimed at writing an energy plan for the region admit they face a daunting task. In fact, they’re not quite sure exactly how they will accomplish their goal.

A consortium of thought-leading organizations will present the “Energy for Power of 32” conference on December 11 from 8:30 a.m.-3:30 p.m. in downtown Pittsburgh. This event will unveil the first ever regional energy baseline for western Pa., northern W. Va., northern Md., and eastern Ohio, and will launch a regional energy strategy.

More than 300 people filled a ballroom at the David L. Lawrence Convention Center in Downtown Pittsburgh Thursday to devise the framework for a regional energy development plan.

General Electric will invest $32 million in an advanced manufacturing facility in Findlay that will help the manufacturer’s business units develop and implement 3-D printing, as well as other innovative technologies. GE said the Pittsburgh region’s universities and skilled workforce were a factor in its decision to locate the center here. So was the nearby location of America Makes, a government-industry sponsored additive manufacturing research center in Youngstown, Ohio.

A long list of energy firsts establishes our region as pretty much having invented the global energy industry. Yet despite our heritage and continuing energy developments, we never have taken a comprehensive look at the ways we source, use and, especially, waste energy.

As a child, Kevin Acklin, chief of staff for Pittsburgh Mayor Bill Peduto, would sometimes sneak in the side door of the Pittsburgh Playhouse in Oakland to catch a glimpse of performances. He recounted the first show he saw at the theater, “A Christmas Carol,” for a packed audience in the Lawrence Hall ballroom of Point Park University on Thursday morning. The group gathered as part of Point Park’s unveiling of designs and academic vision for the new Pittsburgh Playhouse in Downtown on Forbes Avenue between Smithfield and Wood streets. The facility will incorporate the University Center and Stock Exchange Building. Buildings at 320, 322 and 330 Forbes Ave. will be deconstructed to make space for the playhouse, with the facades being incorporated as a “significant part” of the two-story courtyard of the playhouse.

Until more rich coastal cities find ways match the income growth of their residents with more housing development, the best advice for young people seeking the American Dream isn't "go west, young man" or "go east, young woman." It's: "check out Pittsburgh, Minneapolis, and Salt Lake City."

Pittsburgh has been named one of the world's most resilient cities. The 100 Resilient Cities honor, handed out by the New York-based Rockefeller Foundation, recognizes cities worldwide "that are ready to respond to the social, economic and physical shocks and stresses that are a growing part of the 21st century." It was announced Wednesday at the Rockefeller Foundation's Urban Resilience Summit in Singapore.

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