Thermo Fisher Scientific Expands Richmond, Virgina, Operations

URLhttps://www.areadevelopment.com/newsitems/3-15-202
SourceArea Development
Date Published03/15/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Thermo Fisher Scientific Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):500
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):97
City reshored to:Richmond
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbioanalytical labs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$1 million performance-based grant
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