Philips Electronics (NYSE:PHG) has installed a wind turbine in Fall River.

Philips Electronics (NYSE:PHG) Lights Up Lighting Plant

Philips Electronics (NYSE:PHG) has unveiled a wind turbine to power its lighting manufacturing plant.

The company has spent more than $2.3 billion in Massachusetts in approximately the last decade.

Zia Eftekhar, chief executive of Philips’s North American lighting division, said that, “I expect the company to continue to expand in Massachusetts. In addition to lighting, Philips also researches, develops, and manufacturers medical devices in the state. I see no reason why our overall presence in Massachusetts, our overall footprint, would not continue to grow.”

Philips Electronics (NYSE:PHG) company shares are currently standing at 20.26.

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