Thermo Fisher Scientific Establishes New Location in Right to Work Kentucky

Thermo Fisher Scientific, a major player in clinical research, is adding a new location soon in Right to Work Covington, Kentucky. This will serve as new research operations and will be covered by a $48 million investment. The company will also create 69 new jobs as a result!

From Area Development Magazine:

“Our central lab plays a vital role in helping our customers make timely, efficient and informed decisions about their clinical trials and ensure patient safety. […] Our expansion will enhance their ability to advance life-changing research. We are excited to expand into Covington and grow our operations in Highland Heights as a vital part of our global labs capabilities serving our customers. We value the support of state and local officials as we continue to hire talented colleagues to advance our company’s mission to enable our customers to make the world healthier, cleaner and safer.” […]

“The commonwealth is seeing tremendous growth in its health care and life sciences sectors, providing high-paying, quality jobs for Kentucky residents across the state. […] I am thrilled to see Thermo Fisher once again choosing Kentucky to locate and expand its business. I look forward to the company’s continued success here in the commonwealth as this investment adds to Northern Kentucky’s economic growth.” […]

“With a projection of nearly 50% employment growth between 2020-2025, the life sciences industry continues to be one of the fastest growing in Northern Kentucky. […] We are excited the PPD clinical research business of Thermo Fisher Scientific has chosen to expand again in the Cincinnati region, and we are thrilled to welcome new high-paying jobs for Northern Kentucky residents.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.