Pennsylvania secures $4 billion in investments, governor says

Merck & Co

15/10/2026 17:28

Oct 15 (Reuters) - Pennsylvania Governor Josh Shapiro said on Thursday the state had secured more than $4 billion in life sciences and private-sector investment commitments over the past week.

Here are more details:
On Wednesday, Pennsylvania secured a $2.9 billion investment from Merck MRK.N to expand to its operations in Montgomery County by the end of 2030
Under this, Merck will invest $550 million to build a robotics and AI-enabled drug research and development facility for manufacturing and discovery of medicines
Last week, GSK said it would invest more than $800 million to expand its Upper Merion site into a new biopharmaceutical manufacturing and research hub, creating more than 300 jobs over the next five years
The state is also investing $371.5 million,, which will unlock an additional $200 million in private-sector investment and $266 million in federal support, to expand container capacity and auto capacity across the state's port facilities
The investments are expected to create more than 6,300 jobs for Pennsylvanians

 (Reporting by Sneha S K in Bengaluru; Editing by Diti Pujara)
 ((Sneha.SK@thomsonreuters.com;))