Philips to Invest $150 Million in U.S. Manufacturing
Philips plans to invest more than $15 million in U.S. manufacturing. Photo courtesy Philips
CAMBRIDGE, MA—Philips plans to invest more than $150 million in U.S. manufacturing and R&D. The company will be expanding its facilities in Reedsville, PA, and Plymouth, MN.
The Reedsville factory assembles transducers and ultrasound systems. Philips makes image-guided therapy products and medical scanning equipment at the Plymouth, MN, facility.
“The proposed planned expansion of our manufacturing facilities is a demonstration of our deep commitment to the U.S. region,” says Jeff DiLullo, chief region leader at Philips North America. “Each year, [we] spend $900 million in R&D in the U.S. to drive innovation and deliver cutting-edge technology that empowers healthcare professionals to diagnose, treat and monitor patients more effectively.
“Increasing our manufacturing and R&D capabilities will create jobs and accelerate our ability to deliver better care for more people with innovative AI-enabled solutions,” claims DiLullo.
Philips was the recipient of the 2011 Assembly Plant of the Year Award.
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