Thermo Fisher expands Chinese operations
This article was originally published in Clinica
Thermo Fisher Scientific plans to open a new manufacturing facility in China next year as part of its strategy to aggressively expand its presence in Asia-Pacific. This facility, based in Suzhou city in eastern China, will develop and manufacture lab instruments, equipment and consumables for China's growing life sciences market, says Waltham, Massachusetts-headquartered Thermo. The site is expected to be completed in early 2012. China is one of Thermo's fastest growing markets; in 2010, revenue generated in the country grew by over 14%. The company currently has over 1,400 employees in China. Last year, it opened a second demonstration lab in Beijing and a China Technology Center in Shanghai.