South Raleigh News

FUJIFILM Diosynth Biotechnologies North Carolina, Inc. has announced an expansion of its biopharmaceutical manufacturing facility in Wake County, with Governor Cooper revealing that the project will bring about the addition of 680 jobs and an investment of $1.2 billion in the Town of Holly Springs.

Governor Cooper emphasized the positive economic relationship between North Carolina and Japan, stating, "Japanese companies continue to provide good-paying jobs and economic opportunity for people across North Carolina."

Lars Petersen, President and CEO of FUJIFILM Diosynth Biotechnologies, expressed gratitude to various stakeholders for their support in the expansion, highlighting the company's commitment to supporting a healthier society through advanced manufacturing capabilities.

North Carolina Commerce Secretary Machelle Baker Sanders commended the expansion, stating, "FUJIFILM Diosynth Biotechnologies is a globally recognized powerhouse in the life sciences industry."

The project is expected to create various job opportunities, including positions for engineers, scientists, manufacturing personnel, and support staff, with an average annual wage exceeding the Wake County average.

The expansion project will be facilitated in part by a Job Development Investment Grant (JDIG), with the potential to significantly impact the state's economy. The agreement authorizes potential reimbursement to the company, with the project's projected return on investment estimated at 298 percent.

State Representative Julie von Haefen expressed enthusiasm for the expansion, highlighting North Carolina's reputation for attracting talent in research and manufacturing.

Senator Sydney Batch echoed the sentiment, emphasizing the positive impact the expansion will have on the local economy and the state's life science cluster.

The collaboration between various organizations and entities, including government bodies, educational institutions, and workforce development partners, played a crucial role in facilitating the expansion of FUJIFILM Diosynth Biotechnologies in North Carolina.

Governor Cooper's efforts to strengthen ties with Japanese leaders and employers have been instrumental in attracting investments and creating job opportunities in high-growth industries in North Carolina.

The upcoming SEUS/Japan Conference in Charlotte is set to further showcase North Carolina's economy and enhance the relationship between the state and Japan, building on the strong foundation of economic partnership between the two regions.