tim.hodson
Thu, 08/14/2025 – 13:33
Aug. 14, 2025 — Philips has announced a plan for new investments of more than $150 million in U.S. manufacturing and research and development (R&D). Philips also unveiled the expansion of its Reedsville, PA, manufacturing facility, which produces AI-enabled ultrasound systems for hospitals across the U.S.
These investments come on top of Philips’ annual $900 million R&D investment in the U.S. as well as investments in nearly 17,000 collea…