Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it will open a new R&D center of excellence and headquarters for its Computed Tomography and Advanced Molecular Imaging (CT/AMI) business in Cleveland, Ohio (US) in the first quarter of 2019.
The move to this modern facility in the Pinecrest development, which is currently under construction in an attractive location in Cleveland, underpins Philips’ commitment to innovation and collaboration, as well as providing a showcase innovation center for its global customers. The new facility will house multiple R&D labs and testing facilities, and will employ around 175 people.