Johnson & Johnson investing $1B to build new cell therapy facility in Montgomery County

LOWER GWYNEDD TWP., Pa. (WPVI) -- Johnson & Johnson is investing more than $1 billion to build a new cell therapy plant in Montgomery County.

The new investment will bring more than 500 jobs over the next 12 years.

The new facility will be on Sumneytown Pike in the Spring House section of Lower Gwynedd Township.

The pharmaceutical company says the facility will expand its capacity to make cell therapy treatments for cancer and other diseases.

Governor Josh Shapiro was there for the announcement, saying it reinforces his administration's commitment to supporting the life sciences industry.