Thermo Fisher Scientific Inc. (NYSE:TMO) opened a technology-focused facility in Shanghai, China.
The center is staffed by engineers and support staff to serve the Waltham, Mass.-based lab instruments maker’s life science, environmental monitoring and consumer product safety businesses in China, according to the company.
The expansion into the People’s Republic came days after the company’s announcement of the planned shuttering of its East Providence, R.I. plant. The closure will force the company to lay-off at least 65 employees.
Thermo Fisher CEO Marc Casper called China an "important growth market,” and said the new facility will "develop and manufacture products in China for China," in a prepared statement.