# Philips to invest over $150M in US manufacturing and research 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.

- Type: Investment
- Announced: 2025-06-30
- Where: Reedsville, Pennsylvania; Plymouth, Minnesota, United States
- Value: $150.0M
- Status: announced
- Products: AI-enabled ultrasound systems, image-guided therapy equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Philips](https://endata.com/companies/21124.md)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/concordmonitor/news/read/44864053/philips_to_invest_over_$150m_in_us_manufacturing), 2025-06-30: "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."
- [stocks.observer-reporter.com](https://stocks.observer-reporter.com/observerreporter/news/read/44864053/philips_to_invest_over_$150m_in_us_manufacturing), 2025-08-14: "The proposed planned expansion of our manufacturing facilities is a demonstration of our deep commitment to the U.S. region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.