ICYMI: Governor Shapiro Lands Another Major Private Sector Deal for Pennsylvania, Addresses Business Leaders in Lehigh Valley

Governor Shapiro secured a $450 million investment from TerraPower Isotopes to build a cancer-fighting radioisotope manufacturing facility in the Bellwether District in Philadelphia and create 225 new jobs.

Governor Shapiro highlighted his Administration's economic wins at the 2026 Lehigh Valley Economic Development Corporation's Annual Meeting.

"Pennsylvania is competing and winning - we're creating real economic opportunity for our people, our businesses, and our communities all across our Commonwealth." - Governor Josh Shapiro

Harrisburg, PA - Yesterday, Governor Josh Shapiro addressed business and community leaders at the 2026 Lehigh Valley Economic Development Corporation (LVEDC)'s Annual Meeting after announcing that TerraPower Isotopes is investing $450 million into the Commonwealth to establish a radioisotope manufacturing facility, supporting the development of cancer-fighting drugs, in Philadelphia's Bellwether District.

Supported by $10 million in Commonwealth investment, Terrapower evaluated over 350 potential sites across the United States in a rigorous site selection process that included 49 site visits in eight metropolitan areas before choosing the Bellwether District, creating 225 new full-time jobs for Pennsylvanians over the next three years.

In his remarks, Governor Shapiro emphasized his Administration's economic development strategy successfully securing historic investments from companies like Terrapower Isotopes, Eli Lilly, Johnson & Johnson, Eurofins Lancaster Laboratories, B. Braun, and GSK to expand their operations and create thousands of new jobs for Pennsylvanians in the Lehigh Valley and all across the Commonwealth.

Read Governor Shapiro's remarks as prepared for delivery to the LVEDC online.

What Pennsylvanians are reading and watching about the Governor's economic wins in the Commonwealth:

Wall Street Journal: Burned-Out Philadelphia Refinery Finds New Life as Life Sciences Hub

Technical.ly: TerraPower to build $450M Philly manufacturing plant for cancer radiation therapy

Axios: Bill Gates-founded nuclear company invests $450M in South Philly facility

PennLive: Massive $450 million facility coming to Pa. that will create hundreds of jobs, help fight cancer

Philadelphia Inquirer: Bill Gates' nuclear company plans $450 million plant in Philly's Bellwether District making radioactive cancer treatments

Philadelphia Business Journal: Bill Gates-backed TerraPower to build $450M cancer treatment plant in Philadelphia

Philly Voice: Nuclear company backed by Bill Gates to build $450 million facility in South Philly's Bellwether District

NBC 10: $450 million cancer-fighting isotope manufacturing facility coming to Philly

Lehigh Valley Live: Eli Lilly's road to Pennsylvania, details of new $3.5B plant, celebrated in the Lehigh Valley

Lehigh Daily News: Gov. Josh Shapiro touts Lilly deal as Lehigh Valley celebrates $3.5B investment: "We're competing again"

Morning Call: How did the Lehigh Valley land the Eli Lilly deal? Company execut

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