COVID Stimulus Watch Individual Entry
Recipient Company:
LIFE TECHNOLOGIES CORPORATION
Contract Amount:
$24,696
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: TMO)
Facility Street Address: 5781 VAN ALLEN WAY
Facility City: CARLSBAD
Facility State: CA
Facility Zip Code: 920087321
Facility Congressional District: CA-49
Facility NAICS Code: 325414 : Biological Product (except Diagnostic) Manufacturing
Award Details
Award Date: May 3, 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: DRUGS AND BIOLOGICALS
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-related Penalties: $4,840,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $341,423
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 235 to 1
CEO Compensation: $19,023,145
Worker Median Pay: $80,915
Total Federal, State, and Local Subsidies: $26,901,477
Federal Corporate Income Tax Rate: 3.8%
Violation Tracker
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues