Chinese manufacturing facility
Thermo Fisher Scientific has announced plans for a new manufacturing facility in China within the Suzhou Science and Technology Town as part of the company's expansion in the region.
Thermo Fisher Scientific has announced plans for a new manufacturing facility in China within the Suzhou Science and Technology Town as part of the company's expansion in the region. The new facility, scheduled for completion in early 2012, will develop and manufacture laboratory instruments, equipment and consumables for China's growing life sciences markets.
"China is undergoing tremendous changes that impact its population, from healthcare to the environment to food safety, creating new opportunities for investment and growth," said Marc N. Casper, company president and CEO. "China continues to grow significantly and is now our third largest country in terms of revenue. By bringing Suzhou online to complement our existing facilities, we continue to increase our depth of capabilities and strengthen our competitive advantage in the region."
The company recently reported that its revenues in China grew by more than 14 per cent in 2010 year to year.
For more information visit www.thermofisher.com
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