Thermo Fisher to Close Franklin Facility, Impacting Up to 80 Workers

The biotechnology company says it will relocate most employees to other Massachusetts locations.

Feb. 2, 2026 at 1:47pm

Got story updates? Submit your updates here. ›

Thermo Fisher Scientific, a biotechnology company headquartered in Waltham, Massachusetts, announced it will be closing its chemical analysis facility in Franklin by the end of 2026. The closure will impact up to 80 workers, but the company says it plans to relocate most employees to other Massachusetts-based facilities.

Why it matters

The decision reflects Thermo Fisher's efforts to boost operational efficiency and better serve its customers, though it will result in job losses for the affected workers in Franklin. The closure does not indicate a broader shift in the company's commitment to U.S. manufacturing.

The details

Thermo Fisher said the closure of the Franklin facility is designed to strengthen the company's global competitive position and provide long-term growth. The company will provide job transition support to impacted workers, with many employees expected to relocate to other Massachusetts locations.

  • Thermo Fisher plans to close the Franklin facility by the end of 2026.

The players

Thermo Fisher Scientific

A biotechnology company headquartered in Waltham, Massachusetts that provides products and services for research, healthcare, pharmaceuticals, and other industries.

Got photos? Submit your photos here. ›

The takeaway

While the closure of Thermo Fisher's Franklin facility will result in job losses, the company's plans to relocate most employees to other Massachusetts locations suggests it remains committed to U.S. manufacturing, even as it seeks to boost operational efficiency.