Pennsylvania Achieves $40B in Investments Under Gov. Shapiro's Leadership

Pennsylvania Achieves $40 Billion Milestone in Private Investment with Johnson & Johnson's Commitment

Pennsylvania continues to establish itself as a hub for private sector investment, exceeding $40 billion under Governor Josh Shapiro's administration. A significant contributor to this milestone is the recent decision by Johnson & Johnson to expand its investments in the state, highlighting Pennsylvania's growing appeal to major corporations.

Governor Shapiro emphasized the state’s strategic advantages, noting, "Johnson & Johnson are choosing to double down on their investments here in our Commonwealth because they know we’ve got the strategy, the workforce, and the speed they need to continue growing and creating jobs." This strategic focus has been pivotal in attracting and retaining significant business investments.

Johnson & Johnson’s decision underscores the state's capability in fostering a conducive environment for business growth, supported by a skilled workforce and efficient regulatory processes. This move is expected to not only boost the state's economy but also create numerous job opportunities for its residents.

As Pennsylvania continues to thrive under Governor Shapiro's leadership, the focus remains on sustaining this momentum through targeted investments and business-friendly policies. The state’s commitment to economic development is reflected in its impressive track record of attracting billions in private sector investments.

For more information on Pennsylvania's economic initiatives and investment opportunities, visit the PA Department of Community & Economic Development.