Thermo Fisher Scientific is investing $40 million dollars in Pennsylvania to create 100 new jobs.
The bioprocessing company is investing more than $500 million in a major project and will spend $40 million of that on a renovation of its single-use technology production facility in Millersburg.
The expansion is part of a long-term, $650-million investment Thermo Fisher unveiled last year–will lead to a new, 47,000-square-foot warehouse at the site, plus 100 new hires, the company said Tuesday, February 22.
Thermo Fisher says it hopes more than 1,000 workers will work at the site once it is fully renovated by the middle of 2023.
Single-use technologies are increasingly being used in the development of biological drugs and vaccines,
The expansion will “add significant capacity to continue providing the biopharma industry with the technology and materials needed to assist in developing new vaccines, cancer treatments and breakthrough therapies for other conditions.”
Mitch Kennedy, president of single-use technologies at Thermo Fisher Scientific said: “Since the start of the pandemic, the Millersburg site has been instrumental in supporting more than 20 pharmaceutical partners developing lifesaving therapies and vaccines.
He added: “During the pandemic, our colleagues in Millersburg and around the world answered the call for increased production. Our expanded bioprocessing capabilities will ensure that we can continue to deliver essential supplies to our customers as demand surges.”
The expansion is underway and is expected to be completed by the middle of next year.
More than 900 employees work at the site now, with more than 200 added in the previous three years.
Source: Penn Live