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November 16, 2012
05:06 EDTTMOThermo Fisher Scientific opens new manufacturing facility in China
Thermo Fisher Scientific announced the official opening of its new facility in Suzhou, China, for the manufacturing of life sciences consumables and equipment. The facility expands the company’s global manufacturing footprint and establishes local production capabilities to meet increased customer demand in China and other Asia-Pacific markets. Most recently, Thermo Fisher has invested nearly $20M in the 12,000-square-meter Suzhou plant, which will house more than 150 employees and has room for expansion. From this geographically central location, the new facility will primarily serve the life sciences and pharmaceutical industries, including research, diagnostics and bioproduction, as well as customers in the chemical, environmental and electronics industries.
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November 12, 2015
16:45 EDTTMOThermo Fisher authorizes $1B share repurchase plan
Thermo Fisher Scientific announced its board of directors authorized the repurchase of $1B of shares of its common stock. The repurchase authorization replaces the existing authorization, in which there was approximately $410M remaining. The company intends to resume share repurchases in 2016, said Thermo Fisher.

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