As I am sure that most of you are aware, our region is currently experiencing one of the hottest natural gas booms in the world. With the discovery of the Marcellus Shale formation, Energy-based companies have been relocating to our region in extraordinary numbers to capitalize on the business opportunities that this formation presents.
In addition, local companies are now — or should I say "must now" — adjust their business model to adjust to the economic boom created by tapping into the formation's vast resources. According to a study by Penn State, the "Marcellus Shale development is expected to create 98,000 Pennsylvania jobs by 2010 and pump $14.17 billion into the state's economy."
This is a great opportunity for our area and for our clients to capitalize upon. From drilling operators and land leasing companies to equipment and service providers (and even retail and service-driven companies), the industrial growth thanks to the Marcellus Shale formation has already been visible. As we have continued to work with both local and national companies on their 'Marcellus Plans', we ask all business in the region to look at your marketing plans and decide whether or not you are positioned to benefit from this industry. And, if you are, what strategies can you implement to further gain from this industry, which will only grow as time goes on.
What's your "Marcellus Plan?" Discuss in the comments.
In addition, local companies are now — or should I say "must now" — adjust their business model to adjust to the economic boom created by tapping into the formation's vast resources. According to a study by Penn State, the "Marcellus Shale development is expected to create 98,000 Pennsylvania jobs by 2010 and pump $14.17 billion into the state's economy."
This is a great opportunity for our area and for our clients to capitalize upon. From drilling operators and land leasing companies to equipment and service providers (and even retail and service-driven companies), the industrial growth thanks to the Marcellus Shale formation has already been visible. As we have continued to work with both local and national companies on their 'Marcellus Plans', we ask all business in the region to look at your marketing plans and decide whether or not you are positioned to benefit from this industry. And, if you are, what strategies can you implement to further gain from this industry, which will only grow as time goes on.
What's your "Marcellus Plan?" Discuss in the comments.
