Thermo Fisher Scientific’s $58 million expansion of its Middleton operation is expected to add 350 jobs in the region, the governor’s office says.
Gov. Tony Evers yesterday joined other state officials and company leaders to tout the expansion of PPD, Thermo Fisher Scientific’s clinical research brand, at the company’s existing manufacturing facility in the state.
He said the Massachusetts-based company’s new laboratory space “will not only further advance our state’s biosafety testing capabilities and create hundreds of jobs, but it will also help protect consumers and improve patient health outcomes across the state.”
The 72,500-square-foot addition will boost the company’s chemistry, manufacturing and control analytical capabilities at the site, according to the release. It includes a new biosafety lab with specialized scientific instruments. The new scientific and lab support positions will add to the company’s 2,300-person local workforce.
To support the project, the Wisconsin Economic Development Corp. has authorized up to $2.15 million in business development tax credits, which can be earned through September 2026 by creating jobs and capital investments in the state.
“Thermo Fisher plays a key role in our state’s biohealth and biotechnology industry by providing many of the clinical services companies need to bring safe and effective treatments to patients,” WEDC Secretary and CEO Missy Hughes said in the release. “Their continued growth is a huge win for innovation in our state.”
The company — which has more than $40 billion in annual revenue — earlier this year announced it would add biosafety testing at its Middleton campus.
Leon Wyszkowski, the company’s president of analytical services and clinical research, notes research into biopharmaceutical therapies continues to rapidly evolve.
“We are excited to expand our overall capacity and capabilities in laboratory services to help our customers deliver therapies that meet the highest quality and safety standards for patients,” he said.
See Evers’ release and the company’s release.
