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Subsidy Tracker Parent Company Summary
Parent Company Name: Thermo Fisher Scientific
Ownership Structure: publicly traded (ticker symbol NYSE: TMO)
Headquartered in: Massachusetts
Major Industry: miscellaneous manufacturing
Specific Industry: scientific equipment
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $84,583,942 | 224 |
Federal (grants and allocated tax credits) | $2,293,981 | 6 |
TOTAL | $86,877,923 | 230 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $2,479,596 | 5 |
TOTAL | $2,479,596 | 5 |
Time Period for State and Local Awards: Earliest year of data: 1996. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
North Carolina | $21,478,540 | 28 |
New York | $20,394,462 | 100 |
Tennessee | $10,500,000 | 1 |
Kentucky | $6,498,743 | 6 |
Wisconsin | $6,100,000 | 3 |
All other | $19,612,197 | 86 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Patheon Manufacturing Services, LLC | North Carolina | state | 2016 | $105,383 | | tax credit/rebate |
Thermo Fisher Scientific (Asheville), LLC | North Carolina | state | 2016 | $197,383 | | tax credit/rebate |
Life Technologies | Maryland | state | 2016 | $56,578 | | tax credit/rebate |
Patheon | North Carolina | local | 2016 | $187,853 | | grant |
Invitrogen Corporation | New York | local | 2016 | $39,124 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2016 | $14,568 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2016 | $9,979 | | tax credit/rebate |
Life Technologies Corporation | New York | state | 2016 | $410,816 | | enterprise zone |
Nalge Nunc International Corporation | New York | state | 2016 | $345,371 | | enterprise zone |
Life Technologies Corporation | Maryland | state | 2017 | $63,273 | | tax credit/rebate |
Thermo Fisher Scientific | Virginia | state | 2017 | $110,000 | | grant |
Invitrogen Corporation | New York | local | 2017 | $38,847 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2017 | $13,023 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2017 | $9,908 | | tax credit/rebate |
PPD Development, LLC | North Carolina | state | 2017 | $602,520 | | tax credit/rebate |
PPD Development, LLC | North Carolina | state | 2017 | $36,450 | | tax credit/rebate |
Life Technologies Corporation | New York | state | 2017 | $351,997 | | enterprise zone |
Nalge Nunc International Corporation | New York | state | 2017 | $183,935 | | enterprise zone |
Patheon Manufacturing Services, LLC | North Carolina | state | 2017 | $226,699 | | tax credit/rebate |
PPD Development, LLC | North Carolina | state | 2017 | $354,256 | | tax credit/rebate |
Life Technologies Corporation | Maryland | state | 2018 | $43,529 | | tax credit/rebate |
Invitrogen Corporation/GIBCO | New York | Local | 2018 | $34,812 | | tax credit/rebate |
Invitrogen Corporation/GIBCO/Life Technologies | New York | Local | 2018 | $11,702 | | tax credit/rebate |
Invitrogen Corporation/GIBCO | New York | Local | 2018 | $9,334 | | tax credit/rebate |
Life Technologies Corporation | New York | state | 2018 | $394,862 | | enterprise zone |
Nalge Nunc International Corporation | New York | state | 2018 | $108,080 | | enterprise zone |
Invitrogen Corporation | New York | local | 2019 | $9,986 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2019 | $11,597 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2019 | $8,159 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2020 | $7,800 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2020 | $11,744 | | tax credit/rebate |
Life Technologies Corporation | Maryland | state | 2020 | $21,647 | | tax credit/rebate |
PPD | Virginia | state | 2020 | $675,000 | | grant |
Life Technologies Corporation | Tennessee | state | 2021 | $10,500,000 | | grant |
Life Technologies Corporation | Maryland | state | 2021 | $22,944 | | tax credit/rebate |
Patheon Manufacturing Services LLC Ii | North Carolina | state | 2021 | $4,528,800 | | grant |
Thermo Fisher West Expansion | New York | local | 2021 | $1,316,132 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2021 | $7,426 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2021 | $10,825 | | tax credit/rebate |
Life Technologies Corporation And Subsidiaries | Maryland | state | 2022 | $127,487 | | tax credit/rebate |
PPD Global Central Labs, LLC | Kentucky | state | 2022 | $2,000,000 | | tax credit/rebate |
Thermo Fisher Scientific (project 3) | North Carolina | state | 2022 | $6,819 | | training reimbursement |
Thermo Fisher Scientific (project 3) | North Carolina | state | 2022 | $43,993 | | training reimbursement |
Life Technologies Corporation | Tennessee | state | 2022 | undisclosed | | property tax abatement |
PPD | Virginia | state | 2022 | $450,000 | | grant |
Thermo Fisher West Expansion | New York | local | 2022 | $584,634 | | tax credit/rebate |
Life Technologies, Inc. | New York | local | 2022 | $9,646 | | tax credit/rebate |
Life Technologies Corporation | New York | local | 2022 | $7,690 | | tax credit/rebate |
PPD Global Central Labs, LLC | Kentucky | state | 2023 | $200,000 | | tax credit/rebate |