Thermo Fisher Scientific Announces Additional Expansion

Published:
9/21/2021
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Thermo Fisher Scientic, the world leader in serving science, announced additional plans in September 2021 to expand its Greenville site for enhanced sterile liquid and lyophilized filling, pre-filled syringes, and solid dose continuous manufacturing. The $154 million investment will create 290 additional jobs with an average wage projected to be $67,397, which is more than 50 percent higher than Pitt County’s average wage of $42,801.

“We are thrilled that Thermo Fisher has, again, chosen to invest in our community. This is further proof that the Greenville and Pitt County area has the resources needed to support the pharmaceutical manufacturing and biotechnology industry,” said Brad Hufford, vice president of business development for the Greenville Eastern North Carolina (ENC) Alliance.

The recruitment of this project to Pitt County was a collaborative effort by several economic development organizations including the North Carolina Department of Commerce, Economic Development Partnership of North Carolina, Pitt County Economic Development, and Greenville ENC Alliance.

Thermo Fisher’s Greenville site provides both sterile and oral solid dose pharmaceutical manufacturing and packaging services from early development to commercial phase. This expansion announcement follows one made in December 2020, bringing 500 new jobs and approximately $500 million in new investment.

The North Carolina Department of Commerce led the state’s efforts to support Thermo Fisher’s decision to expand in North Carolina. This expansion by Thermo Fisher will be facilitated, in part, by a Job Development Investment Grant (JDIG), which was approved by the state’s Economic Investment Committee. The JDIG agreement authorizes the potential reimbursement to the company of up to $4,528,800 spread over 12 years.

Local support helped to secure this expansion including a performance-based Economic Development Grant, approved by the Pitt County Commissioners, estimated at $3.3 million over an eight-year grant period.  In addition, the City of Greenville approved a Job Creation Grant totaling $500,000 over five years, the Greenville ENC Alliance will provide a total of $150,000 over five years, and the NC Biotechnology Center will provide a $100,000 Economic Development Assistance Grant. Other partners include Greenville Utilities Commission, Pitt Community College, and East Carolina University.

For information about jobs available in pharmaceutical manufacturing and biotechnology in Greenville, click here: https://www.ncbiotech.org/greenvillejobs