Editor10.09.09
Only days after Thermo Fischer Scientific Inc. made a significant acquisition for $470 million, the Waltham, Mass.-based firm said it is closing its facility in Dubuque, Iowa, and laying off 350 employees, according to the company.
Thermo Fisher will integrate B.R.A.H.M.S., a provider of specialty in-vitro diagnostic tests and the firm it acquired, into its analytical technologies segment and plans to use the firm`s former headquarters in Hennigsdorf, Germany, as the European Center of Excellence for its clinical diagnostics business.
A news release said Thermo Fischer plans to begin layoffs in January, and it will continue in phases until September 2010.
Work at the Dubuque plant will be done at other Thermo Fisher plants in the United States, after the facility shuts down.
Thermo Fisher will integrate B.R.A.H.M.S., a provider of specialty in-vitro diagnostic tests and the firm it acquired, into its analytical technologies segment and plans to use the firm`s former headquarters in Hennigsdorf, Germany, as the European Center of Excellence for its clinical diagnostics business.
A news release said Thermo Fischer plans to begin layoffs in January, and it will continue in phases until September 2010.
Work at the Dubuque plant will be done at other Thermo Fisher plants in the United States, after the facility shuts down.