"The biotechnology company Thermo Fisher Scientific is closing its Franklin facility, impacting up to 80 workers, the company said. In a statement to Boston.com, Thermo Fisher said it is closing its chemical analysis facility by the end of 2026. Most of the work will move to other U.S. facilities, as the company adjusts operations to meet current customer demand. The company said impacted workers will receive job transition support, with many employees relocating to other Massachusetts-based facilities."
""Decisions that impact colleagues are never taken lightly," the company said. "However, these actions are designed to better help us serve our customers, strengthen our global competitive position, and provide long-term growth and success of our organization." The company added that the closure does not reflect a larger strategic change in its commitment to U.S. manufacturing. Thermo Fisher, headquartered in Waltham, provides a wide range of products and services for research, health care, pharmaceuticals, biotechnology, environmental testing, and industrial applications."
Thermo Fisher Scientific will phase out the Franklin chemical analysis facility by the end of 2026 to boost efficiency and align operations with current customer demand. The closure will impact up to 80 workers. Most work will move to other U.S. facilities, with many employees relocating to other Massachusetts-based locations and receiving job transition support. The company characterized the decisions as necessary to better serve customers, strengthen global competitiveness, and provide long-term organizational growth. The closure does not signal a broader change in commitment to U.S. manufacturing. Thermo Fisher is headquartered in Waltham and reported $44.56 billion in revenue for 2025, with over 100,000 employees worldwide.
Read at Boston.com
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