What's Happening?
Medical technology company B. Braun is investing $20 million to expand and modernize its medical device manufacturing facility in Lehigh Valley, Pennsylvania. The project will create at least 200 new full-time jobs over the next three years and retain 1,704 existing positions. Supported by $1.5 million in state funding, the expansion will enhance production equipment and operations at the facility. B. Braun's investment reflects its commitment to Pennsylvania's biotech and life sciences industry, leveraging the region's skilled workforce and research infrastructure.
Why It's Important?
B. Braun's expansion in Lehigh Valley underscores the region's significance as a hub for manufacturing and life sciences. The investment will boost local employment and contribute to Pennsylvania's economic growth, reinforcing the state's position as a leader in biotech and life sciences. The project aligns with the state's economic development strategy, focusing on key sectors to enhance competitiveness. B. Braun's commitment to workforce training and development further supports the region's economic vitality and innovation.
What's Next?
B. Braun will launch a new workforce training center at its Allentown site to support employee development. The company plans to continue growing its manufacturing operations in Lehigh Valley, leveraging the region's advantages to enhance its production capabilities. The expansion will strengthen B. Braun's role in the life sciences sector, contributing to Pennsylvania's economic development and job creation efforts.
