Governor Shapiro Secures $20.3M Investment for Berks County Jobs

Mitsubishi Chemical Advanced Materials to Boost Berks County Economy with Major Investment

In a significant move towards economic development in Pennsylvania, Mitsubishi Chemical Advanced Materials has announced a $20.3 million investment to expand its operations in the City of Reading, Berks County. This expansion is set to create 42 new jobs, marking a substantial boost for the local community.

The investment is part of a broader initiative by Governor Josh Shapiro’s administration to foster growth and job creation across the state. To support Mitsubishi’s expansion, the Commonwealth of Pennsylvania is contributing $500,000. Governor Shapiro expressed his commitment to strengthening the state’s economy, stating, “We are committed to investing in our communities and creating opportunities for the people of Pennsylvania.”

The expansion by Mitsubishi Chemical Advanced Materials will enhance the company’s capabilities in producing high-performance thermoplastics, which are crucial for various industries, including automotive and aerospace. The decision to expand in Reading aligns with the strategic goals of both Mitsubishi and the state to advance manufacturing and innovation.

Pennsylvania’s Department of Community and Economic Development (DCED) has played a pivotal role in facilitating this expansion. The department's efforts are aligned with the administration’s strategy to attract and retain businesses that will contribute to the state’s economic vitality. The investment is expected to not only create jobs but also stimulate economic activity in the region.

With this investment, Mitsubishi Chemical Advanced Materials continues to solidify its presence in the U.S. market, leveraging Pennsylvania’s skilled workforce and strategic location. The expansion underscores the company's commitment to growing its operations and supporting local economies.

For more details on the investment and its impact on Berks County, visit the PA Department of Community & Economic Development.