North Carolina's Biotech Industry Gains Momentum with Thermo Fisher Scientific's New Facility

Strategic Insights -

The state of North Carolina continues to solidify its position as a leader in the biotech industry, with Thermo Fisher Scientific's recent ribbon-cutting ceremony for its new facility in Mebane marking another significant milestone. Governor Josh Stein and local officials joined leaders from the company to celebrate the expansion, which will create over 100 good-paying jobs and aid in the domestic supply of laboratory equipment and testing. This investment is a testament to North Carolina's life sciences sector, which already employs over 225,000 people and generates $88.3 billion in annual economic activity.

Key Takeaways:

  • Thermo Fisher Scientific's new Mebane facility will create over 100 good-paying jobs, contributing to Governor Josh Stein's efforts to bring more than 25,000 new jobs to North Carolina since taking office.
  • The facility will aid in the domestic supply of laboratory equipment and diagnostic testing, supported by a $192.5 million investment from the U.S. Department of Defense and the U.S. Department of Health and Human Services.
  • North Carolina's life sciences sector employs over 225,000 people and generates $88.3 billion in annual economic activity, solidifying the state's reputation as a leader in the biotech industry.
  • Governor Stein has announced over $19 billion in new investments since taking office, highlighting the state's commitment to supporting economic growth and job creation.
  • The Mebane facility is the latest example of North Carolina's life sciences sector attracting significant investment, with Thermo Fisher Scientific expanding its presence in the state as part of its global operations.

Statistics:

  • Over 225,000 people are employed in North Carolina's life sciences sector.
  • The life sciences sector generates $88.3 billion in annual economic activity in North Carolina.
  • Thermo Fisher Scientific's new facility in Mebane will create over 100 good-paying jobs.
  • Governor Josh Stein has announced over $19 billion in new investments since taking office.
  • The U.S. Department of Defense and the U.S. Department of Health and Human Services invested $192.5 million in the Thermo Fisher Scientific facility in Mebane.

Sources:

  • Office of the Governor of North Carolina