The expanded facility will add 169 new jobs
FOR IMMEDIATE RELEASE
Thermo Fisher Scientific to Invest $82.5 million in Expansion of Berkeley Manufacturing Facility
– The expanded facility will add 169 new jobs to manufacture biologic drug substance products –
St. Louis, MO – September 20, 2021 – The St. Louis Economic Development Partnership, the Missouri Department of Economic Development, and Ameren Missouri announced that Thermo Fisher Scientific will invest $82.5 million to expand operations and create 169 new jobs at its biologic drug substance manufacturing facility in St. Louis County. The expanded facility will manufacture biologic drug substance products that treat a variety of chronic health conditions including cancers and other life-threatening diseases as well as COVID-19.
“We continue to invest in capabilities and capacity at our St. Louis site to support the needs of our clients and the patients they serve,” said Michel Lagarde, executive vice president, Thermo Fisher Scientific. “This new expansion will enable further innovation in biologics manufacturing to address the continued growth in important therapies and medicines. We look forward to our continued contribution to job creation and economic development in this region.”
“With locations across the country, Thermo Fisher Scientific chose to invest here, the heart of the Midwest,” said Governor Mike Parson. “This is great news for the St. Louis community and the state of Missouri. The opportunities this expansion creates through good-paying manufacturing jobs, will continue to help our state and economy move forward.”
Thermo Fisher’s current commercial biologics manufacturing footprint in St. Louis is 360,000 square feet with approximately 700 employees. The new project will include a 58,000-square-foot expansion with two new manufacturing suites and the addition of nearly $15 million in new manufacturing machinery and equipment over a two-year period, including the new ability to provide manufacturing and production support at both the 5,000-Liter processing scale as well as continued support at the 2,000-Liter processing scale. The addition is facilitated by local tax incentives, including a 10-year new project abatement beginning in 2024.
“We are thrilled that Thermo Fisher Scientific is expanding its facility in north St. Louis County,” said County Executive Dr. Sam Page. “This commitment underscores the work we are doing to make St. Louis County a great place to locate and grow a business.”
“With nearly 700 employees, Thermo Fisher is already a great asset to Berkley and north St. Louis County,” said St. Louis Council Chairwoman Rita Heard Days, District 1, where the facility is located. “I am optimistic that this expansion will provide even more opportunities for the citizens of North County.”
“Missouri is an excellent place for business and we are encouraged by Thermo Fisher Scientific’s announcement to expand operations in St. Louis County,” said Marty Lyons, chairman and president of Ameren Missouri. “With the Ameren Missouri Smart Energy Plan, we are able to help businesses grow, bringing new jobs to the area while ensuring reliable energy is available to power the grid of the future.”
“This new opportunity is a key example of our critical efforts to attract and retain businesses in our region,” said Rodney Crim CEO and President, St. Louis Economic Development Partnership. “Working with our partners to bring Investment to historically marginalized communities is helping to transform our region.”
The St. Louis Economic Development Partnership is the economic development team for the city of St. Louis and St. Louis County. The Partnership works closely with area economic development groups to attract, retain, and grow businesses in the region.