Pennsylvania Announces Merck's $2.9 Billion Expansion in Montgomery County, With $5 Million in State Support
Pennsylvania Governor Josh Shapiro and Department of Community and Economic Development Secretary Rick Siger announced that Merck, a global biopharmaceutical company, will invest $2.9 billion to expand its operations in Montgomery County by the end of 2030, with the Commonwealth investing $5 million to support the company's growth, according to the governor's office.
Of the $2.9 billion commitment, $550 million will fund ADVANCE, a robotics- and SI-enabled drug research and development facility at Merck's West Point campus and the nearby Spring House Innovation Park, supporting the discovery and production of life-saving medicines.
The governor's office said Pennsylvania's life sciences industry includes about 3,900 companies employing more than 110,000 people and directly contributing $73 billion to the economy, and that the Shapiro administration has secured more than $43 billion in private-sector investment creating nearly 29,000 jobs since taking office.
(Source: Office of the Governor of Pennsylvania)
Source: Office of the Governor of Pennsylvania
Published by GSM · USA (original Chinese edition)
Photo: 宾夕法尼亚州议会大厦（哈里斯堡），Paul Vasiliades 摄，CC BY 2.0（Wikimedia Commons）
