12:32 PM EDT, 08/14/2025 (MT Newswires) -- Philips (PHG) said Thursday it plans to invest more than $150 million in US manufacturing and research and development.

The investment includes the expansion of its Reedsville, Pennsylvania, site and the expansion of its Image Guided Therapy facility in Plymouth, Minnesota, the company said.

The Reedsville manufacturing facility produces AI-enabled ultrasound systems for hospitals across the US, it added.

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