• Genentech will establish a 700,000-square-foot high-volume fill-finish manufacturing plant in Holly Springs, North Carolina, representing a $700 million investment in the region's growing biotechnology sector.
• The facility will create approximately 400 new jobs with an average salary of $119,833—significantly higher than Wake County's average wage of $76,643—bringing an annual payroll impact exceeding $50 million.
• The project, supported by a Job Development Investment Grant, is expected to boost North Carolina's economy by more than $3 billion over 12 years, with a projected 230% return on investment of public dollars.