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Thermo Fisher Gets Government Investment for Pipette-Tip Facility

By Matt Grossman


Thermo Fisher Scientific Inc. has received a $192.5 million contract from the U.S. Department of Defense to ramp up production of pipette tips used in medical research and diagnostics.

The funds will go toward an investment in a new facility in North Carolina to make pipette tips, which are used in Covid-19 testing along with other research and diagnostics applications, the company said. Construction is scheduled to finish by the third quarter of 2024, but manufacturing at the site could begin a year earlier, Thermo Fisher said.

In the future, the site could also be used to manufacture other product lines, the company said.


Write to Matt Grossman at


(END) Dow Jones Newswires

September 02, 2021 08:23 ET (12:23 GMT)

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