Thermo Fisher Cuts N.H. Workforce

Thermo Fisher Scientific Inc. is cutting 122 jobs in New Hampshire to “increase efficiencies and improve competitiveness,” according to a spokesperson for the Waltham, Mass.-based company.

The job cuts include 109 positions from the laboratory equipment manufacturing site in Newington, N.H., and 13 jobs from its assembly facility in Portsmouth, N.H. The manufacturing positions will move to the company’s Asheville, N.C., site, and the assembly positions will transfer to a Marietta, Ohio facility.

The Asheville Chamber of Commerce has reported that the new positions will be manufacturing and assembly jobs for high-efficiency cooling pumps. The Asheville facility already supports manufacturing of ultra-low temperature freezers.

The company has made a number of acquisitions in recent months, making the job relocation decision one more change in a long line of developments. In August, Thermo Fisher completed the acquisition of Swedish diagnostics firm Phadia AB for $3.5 billion, and in July, the company purchased Cleveland, Ohio-based TREK Diagnostic Systems Inc. from Chelmsford’s Magellan Bioscience Inc.