Significant Investment Boost in Berks County as Mitsubishi Expands Operations
Residents of Berks County are set to benefit as Mitsubishi Chemical Advanced Materials announces a major expansion, bringing substantial economic growth to the area. With a $20.3 million investment, the company aims to broaden its operations in the City of Reading, promising to create 42 new jobs.
The expansion reflects a collaborative effort between Mitsubishi and the Pennsylvania government. Governor Shapiro’s administration has been instrumental in securing this investment, which aligns with the state’s broader economic development strategy. As part of the initiative, the Commonwealth is contributing $500,000 to support the thermoplastics manufacturer’s growth.
Governor Shapiro remarked on the significance of this development, saying, “Our administration is committed to driving economic growth and creating job opportunities in Pennsylvania. This investment by Mitsubishi Chemical Advanced Materials is a testament to our strategic vision.”
The expansion is expected to increase the company’s manufacturing capabilities and enhance its product offerings. Mitsubishi’s decision to invest in Reading underscores the area’s potential as a hub for manufacturing and innovation. This move not only promises new jobs but also aims to stimulate the local economy, attracting further investments.
For more information on the expansion and its implications, visit the official announcement.
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