Pennsylvania Secures $4 Billion in Investments, Governor Says

3-line summary

• Pennsylvania Governor Josh Shapiro announced over $4 billion in life-sciences and private-sector investment commitments secured over the past week, per Investing.com. Merck committed $2.9 billion to expand its Montgomery County site through the end of 2030, including $550 million for a robotics- and AI-enabled drug R&D and manufacturing facility; GSK committed more than $800 million to expand its Upper Merion site for biopharmaceutical manufacturing and research, creating more than 300 jobs over five years.
• The state also committed $371.5 million toward port infrastructure to expand container and vehicle handling capacity, expected to draw an additional $200 million in private investment and $266 million in federal support. The combined investments are expected to create more than 6,300 jobs for Pennsylvania residents.

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