COVID Stimulus Watch Individual Entry

Recipient Company:
LIFE TECHNOLOGIES CORPORATION
Contract Amount:
$62,127

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: TMO)
Facility Street Address: 3175 STALEY RD
Facility City: GRAND ISLAND
Facility State: NY
Facility Zip Code: 140722028
Facility Congressional District: NY-26
Facility NAICS Code: 334516 : Analytical Laboratory Instrument Manufacturing

Award Details

Award Date: Feb 1, 2021
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: LABORATORY EQUIPMENT AND SUPPLIES
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca

Parent Company Data

Parent Company: Thermo Fisher Scientific
Headquartered in: Massachusetts
Parent Sector: miscellaneous manufacturing
Parent Industry: scientific equipment
Employees (prior to pandemic): 75,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $4,840,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $341,423
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 235 to 1
CEO Compensation: $19,023,145
Worker Median Pay: $80,915
Tax icon
Total Federal, State, and Local Subsidies: $26,901,477
Federal Corporate Income Tax Rate: 3.8%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources