Fujifilm Plans Major $1.2 Billion NC Expansion to Create 680 High-Paying Biomanufacturing Jobs

Fujifilm Diosynth Biotechnologies plans to add 680 high-paying jobs and invest an additional $1.2 billion to expand its Holly Springs facility into one of the biggest biomanufacturing sites in North America.

The expansion, aided by over $69 million in state and local incentives, is projected to have an $4.76 billion economic impact if hiring goals are met.

The project highlights North Carolina's strength as a biotech hub and its efforts to recruit Japanese companies like Fujifilm.

The jobs will pay an average of around $110,000 annually, well above the Wake County average, with the company eligible for up to $15 million more in state grants if targets met.

The announcement comes hours before Japanese Prime Minister Fumio Kishida visits North Carolina to meet Governor Cooper and discuss economic partnerships between Japan and the state.