J&J to invest $1B in new Montgomery County cell therapy plant

Johnson & Johnson is investing over $1 billion to construct a new cell therapy plant in Lower Gwynedd Township, Montgomery County, which will create approximately 500 jobs over the next 12 years. This expansion will enhance J&J’s manufacturing capabilities for cancer and autoimmune disease treatments and further solidifies its presence in the Philadelphia region. The state of Pennsylvania has pledged $41.5 million in support for the project, with construction expected to begin later this year and the plant operational by the end of 2031.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)