Ther­mo Fish­er will drop a whop­ping $600M in­to its man­u­fac­tur­ing sup­ply chain as Covid-19 work ramps up

With Covid-19 con­tract work grow­ing at a rapid clip, the biggest CD­MOs are tak­ing the op­por­tu­ni­ty — and a wind­fall of cash — to carve out big­ger foot­prints. At Ther­mo Fish­er Sci­en­tif­ic, the time’s nev­er been bet­ter for a far­sight­ed glob­al ex­pan­sion that will great­ly ex­pand its man­u­fac­tur­ing ca­pac­i­ty and add re­dun­dan­cy to the sup­ply chain.

Ther­mo will pump $600 mil­lion in­to its glob­al man­u­fac­tur­ing net­work as part of a move to ramp up its short-term Covid-19 work and more than dou­ble its ca­pac­i­ty for the fu­ture, the Mass­a­chu­setts firm said Wednes­day.

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