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Philips to invest over $150M in US manufacturing and R&D facilities · Endata

◂ Announcements

Aug 14, 2025EXPANSIONReedsville, Pennsylvania; Plymouth, Minnesota, United States

Philips to invest over $150M in US manufacturing and R&D facilities

Philips announced an investment of more than $150 million in U.S. manufacturing and R&D facilities, including expansion of its Reedsville, Pennsylvania facility and its image-guided therapy facility in Plymouth, Minnesota.

Value

$150.0M

Jobs

120

Status

Announced

Capacity

24,000 sq ft manufacturing, 40,000 sq ft warehouse

ProductsAI-enabled ultrasound systemsimage-guided therapy equipment

CompaniesPhilips

Sectors#Medical Devices

“The proposed planned expansion of our manufacturing facilities is a demonstration of our deep commitment to the U.S. region.”buzzwordnews.com

2 sources
buzzwordnews.comPhilips to invest over $150M in US manufacturing, research facilities - The Latest BuzzwordsAug 14, 2025
medtechdive.comPhilips will spend $150M to expand manufacturing for AI-enabled tech | MedTech DiveElise ReuterAug 15, 2025

Summarized from public sources; check the original articles before acting on it.

More from Philips

Jun 30, 2025INVESTMENTReedsville, Pennsylvania; Plymouth, Minnesota, United States$150.0M
Philips to invest over $150M in US manufacturing and research facilities
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Dec 20, 2022NEW FACILITYChuzhou, Anhui Province, China, China$1.40Bops 20 Dec 2022
Philips air-conditioning production and research base put into production in Chuzhou, China
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Oct 7, 2021EXPANSIONReedsville, Pennsylvania; Plymouth, Minnesota, United States$150.0M
Philips invests over $150M in US manufacturing and R&D facilities
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Jul 21, 2021PARTNERSHIP
LeanMed licenses Philips UltraFill technology for O2 Cube
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Jul 9, 2020CONTRACTUnited States$100.0M
Philips wins $100M tele-ICU contract from VA
Philips U.S. Department of Veterans Affairs customer medtechdive.com
Apr 9, 2020CONTRACTUnited States$1.10B
GM and Philips awarded $1.1B U.S. government ventilator contracts
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