Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

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

◂ Announcements

Oct 7, 2021EXPANSIONReedsville, Pennsylvania; Plymouth, Minnesota, United States

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

Philips announced an investment of over $150 million to expand its manufacturing and R&D facilities in the U.S., including the expansion of its Reedsville, Pennsylvania, facility for AI-enabled ultrasound systems and its image-guided therapy facility in Plymouth, Minnesota.

Value

$150.0M

Status

Announced

ProductsAI-enabled ultrasound systemsimage-guided therapy equipment

CompaniesPhilips

Sectors#Medical Devices

“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.”markets.financialcontent.com

1 source
markets.financialcontent.comContact Us – Inside INdiana Business - Philips to invest over $150M in US manufacturing, research facilitiesBy: FOX BusinessOct 7, 2021

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

More from Philips

Aug 14, 2025EXPANSIONReedsville, Pennsylvania; Plymouth, Minnesota, United States$150.0M120 jobs
Philips to invest over $150M in US manufacturing and R&D facilities
Philips buzzwordnews.com medtechdive.com
Jun 30, 2025INVESTMENTReedsville, Pennsylvania; Plymouth, Minnesota, United States$150.0M
Philips to invest over $150M in US manufacturing and research facilities
Philips markets.financialcontent.com stocks.observer-reporter.com
Apr 28, 2025CONTRACTSweden$9.50M
Västra Götalandsregionen awards SEK 98M angio hybrid room contract
Västra Götalandsregionen customer Siemens Healthineers supplier tilldelat.se
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
Philips fenq.com
Jul 21, 2021PARTNERSHIP
LeanMed licenses Philips UltraFill technology for O2 Cube
LeanMed LLC Philips partner leanmedinnovation.com
Jul 9, 2020CONTRACTUnited States$100.0M
Philips wins $100M tele-ICU contract from VA
Philips U.S. Department of Veterans Affairs customer medtechdive.com

Similar announcements

Sep 18, 2026EXPANSIONAnkeny, Iowa, United States$33.3M150 jobs
Accu-Mold to build 53,000 sq ft addition in Ankeny, Iowa
Accu-Mold einpresswire.com
Jun 30, 2026EXPANSIONHenderson County, North Carolina, United States$6.00M28 jobs
Mavidon expands production at Oriole Mill in Henderson County, North Carolina
Mavidon gohendersoncountync.org
May 7, 2026EXPANSIONNew Richmond, Wisconsin, United States25 jobsops Apr 2027
Nissha Medical Technologies breaks ground on New Richmond micro molding expansion
Nissha Co., Ltd.Nissha Medical Technologies nissha360.com nissha.com
Apr 14, 2026EXPANSIONGrand Rapids, Michigan, United States$100.0Mops Q1 2027
Grand River Aseptic Manufacturing invests $100M in sterile filling line and facility
Grand River Aseptic Manufacturing Arlington Capital Partners investor grandriverasepticmfg.com crainsgrandrapids.com
Apr 2, 2026EXPANSIONBrookings, South Dakota, United States$220.0Mops 2 Apr 2026
Solventum opens $220M expansion of Brookings medical device facility
Solventum keloland.com
Mar 31, 2026EXPANSIONHuntsville, Alabama, United States
Curiteva to double Inspire manufacturing capacity in Huntsville
Curiteva curiteva.com