Business

Philips partners with U.S. Government to increase ventilator production

Royal Philips, an Amsterdam-based company with a large manufacturing presence in the Pittsburgh region, partnered with the U.S. Government to further increase its production of ventilators, desperately needed to care for patients with COVID- 19, according to Steve Klink, head of Philips’ global press office.

In March, Philips reached capacity to produce 1,000 ventilators per week. Klink said the company plans to double that number, to 2,000 per week, by the end of May, quadruple that number, to 4,000 per week, by the third quarter of 2020. The company said it would invest tens of millions of dollars into this process.

Read more from our news partners at The Pittsburgh Business Times.