Fujifilm Diosynth Announces $1.2 Billion Investment in Massive North Carolina Biotech Facility

Fujifilm Diosynth Announces $1.2 Billion Investment in Massive North Carolina Biotech Facility

Fujifilm Diosynth just announced plans to expand in North Carolina with a $1.2 billion investment, creating 680 new jobs with an average salary exceeding $109,000. This expansion is supported by a $14.9 million grant from the North Carolina Economic Investment Committee, with additional incentives from Holly Springs and Wake County totaling $54.3 million. The expansion, set to be completed by 2031, will increase the workforce in Holly Springs to over 1,400 and raise the total site investment to more than $3.2 billion. Planned additions include two drug substance manufacturing buildings, administrative spaces, and expanded utilities and warehouse facilities. This development was underscored by meetings in Japan in October 2023 between North Carolina Governor Roy Cooper, Fujifilm executives, and other state and business leaders, focusing on enhancing Fujifilm’s North Carolina operations. The project is part of broader Japanese investment in North Carolina, which over the last decade totals $17.58 billion and 9,220 jobs across various sectors. This growth includes significant contributions from companies like Toyota and Dai Nippon Printing, establishing North Carolina as a major hub for biotechnology and manufacturing. “North Carolina is known worldwide as a biotechnology hub thanks to the continued investment from companies like FUJIFILM Diosynth,” said NCEDP CEO Christopher Chung in a press release. “Our robust infrastructure, top-notch engineering talent in the state, and partnerships with entities like NC State University and the North Carolina Biotechnology Center provide support for innovative companies like FUJIFILM to continue to grow.” Upon completion, Fujifilm Diosynth Biotechnologies facility is expected to become the nation’s fourth-largest biotechnology hub, reinforcing North Carolina’s position in the global biotech industry.

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