| Company/Division name | Philips Medical Systems MR Inc. |
| Parent company | Philips |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 94 |
| Year reshoring announced: | 2019 |
| Year reshoring implemented or to be implemented: | 2019 |
| Capital investment ($): | 13.2 |
| Country(ies) from which reshored: | Netherlands |
| City reshored to: | Latham |
| State(s) reshored to: | NY |
| If relevant, work nearshored to: | - |
| Industry(ies): | Computer & Electronic Products |
| Product(s) reshored | magnets for MRI machines |
| What domestic positive factors made reshoring more attractive? | Government Incentives, Other, expansion |
