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Thermo Fisher Scientific (TMO)'s New $9.5 Million Chinese Innovation Center to Hire 200-300 Engineers in Next 2-3 Years


6/27/2013 8:32:07 AM

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by Richard Daverman, PhD

June 26, 2013 -- Thermo Fisher Scientific, a US company that provides laboratory supplies and equipment, has opened a new China Innovation Center in Shanghai. The company invested $9.5 million to support its R&D organization, which is expected to add 200 to 300 engineers over the next two to three years. The Innovation Center devotes over 30,000 square feet to biology laboratories, design-verification-test and application laboratories. Another 10,000 square feet is reserved for training. More details....

Stock Symbol: (NYSE:TMO)

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