Fujifilm Diosynth Announces $1.2B Expansion in North Carolina, Aiming to Employ 1,400

1. Fujifilm Diosynth Biotechnologies, a subsidiary of Tokyo-based Fujifilm, is planning a $1.2 billion expansion in North Carolina, particularly in the Town of Holly Springs.
2. The expansion will add 680 jobs to the region, bringing the total employment target to 1,400.
3. The project aims to create one of the largest end-to-end cell culture biopharmaceutical manufacturing facilities in North America.
4. The expansion includes the addition of two production modules, each with 20,000-L production bioreactors, harvesting capabilities, and downstream processing.
5. The investment is supported by a Job Development Investment Grant (JDIG) from the state's Economic Investment Committee.
6. The project is expected to have a potential payroll impact of more than $74.4 million for the region each year.
7. The average annual wage for the new positions is $109,923, exceeding the Wake County average of $74,866.
8. The expansion is part of Fujifilm Diosynth's global network, which includes operations in Denmark, the United Kingdom, and Texas.
9. The project is expected to be operational by 2028.
10. The investment is seen as a continuation of Japanese companies' strong presence in North Carolina, which is recognized for its talent pool and business-friendly environment.