Still in the picture.

• Author: Mildenberg, David

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Japan's Fujifilm adapted to the photography industry's declining fortunes by diversifying away from cameras and film, a decision that is paying off for the Triangle region. In 2011, the company bought a Merck division that manufactured vaccines, proteins and other products for biotech companies at a Morrisville site. In May, Fujifilm Diosynth Biotechnologies U.S.A. added a three-story, 62,000-square foot building to improve collaboration among its 400 area employees. The amount of investment in the new building wasn't disclosed.

While Fujifilm sells to clients across the world, Research Triangle Park is an ideal location because of its cluster of biotech companies and solid labor market, says President Martin Meeson. "We have good access to qualified...