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	<title>1.2B Archives - VRJ Properties</title>
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		<title>Biotech Firm Investing $1.2B in NC Expansion</title>
		<link>https://vrjproperties.com/biotech-firm-investing-1-2b-in-nc-expansion/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Fri, 12 Apr 2024 13:48:51 +0000</pubDate>
				<category><![CDATA[Industrial]]></category>
		<category><![CDATA[1.2B]]></category>
		<category><![CDATA[Biotech]]></category>
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		<category><![CDATA[Expansion]]></category>
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					<description><![CDATA[<p>FUJIFILM Diosynth Biotechnologies will invest $1.2 billion to expand its biopharmaceutical manufacturing facility in Holly Springs, North Carolina, creating 680 new jobs in Wake County. Initial investments of the FUJIFILM’s Holly Springs operation included $2 billion in 2021. The company...</p>
<p>The post <a href="https://vrjproperties.com/biotech-firm-investing-1-2b-in-nc-expansion/">Biotech Firm Investing $1.2B in NC Expansion</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p>FUJIFILM Diosynth Biotechnologies will invest $1.2 billion to expand its biopharmaceutical manufacturing facility in Holly Springs, North Carolina, creating 680 new jobs in Wake County. Initial investments of the FUJIFILM’s Holly Springs operation included $2 billion in 2021. The company claims it’s the largest end-to-end biopharmaceutical manufacturing facility in North America. Holly </p>
<p>FUJIFILM Diosynth Biotechnologies’ expansion includes an additional large-scale monoclonal antibody Drug Substance manufacturing capacity that will support the company’s growing biologics CDMO business. The project will also include two additional drug substance manufacturing buildings, a shared headblock building with administrative space, as well as expansions of utilities, lab, and warehouse buildings currently under construction. </p>
<p>The average salary for new positions at FUJIFILM Diosynth Biotechnologies will be $109,923, which is nearly 50% higher than Wake County’s average wage of $74,866. </p>
<p>The Japanese contract drug manufacturer will receive $69.2 million in incentives from the state as well as Wake County and Holly Springs if it meets hiring and investment targets.</p>
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<br /><a href="https://www.connectcre.com/stories/biotech-firm-investing-1-2b-in-nc-expansion/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/biotech-firm-investing-1-2b-in-nc-expansion/">Biotech Firm Investing $1.2B in NC Expansion</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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