by Lawrence Bivins — April 7, 2021 .
Editor’s note: Lawrence Bivins is managing director of the North Carolina Economic Development Association, a TechWire partner. Reach him at lawrence@nceda.org
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RALEIGH – Last month’s announcement by Governor Roy Cooper that FUJIFILM Diosynth Biotechnologies would create a 725-job cell culture production facility in Holly Springs was history-making in its scale and impact. The Japan-based company intends to invest as much as $2 billion in the plant, making it North Carolina’s most capital-rich project in memory. When complete in 2024, the facility will add $5.5 billion to the state’s GDP over the following 12 years, according to an analysis by the N.C. Department of Commerce’s Labor and Economic Analysis Division (LEAD).