Greenwood, SC—Fujifilm Holdings America Corporation announced that subsidiary Fujifilm Manufacturing USA, Inc., entered into an agreement to sell its Greenwood, South Carolina, site. However, the company will maintain and increase the manufacturing assembly of its one-time-use QuickSnap camera line.
Furthermore, an affiliate of Phoenix Investors will buy the Greenwood campus. Phoenix is a national commercial real estate firm based in Milwaukee, Wisconsin. The sale is part of Fujifilm’s initiative to meet its future manufacturing and administrative workspace needs.
The deal will close by early October 2022 subject to satisfaction of terms and conditions. The company did not disclose the terms of the agreement.
In addition, Fujifilm will maintain a workforce of more than 300 employees at the site. It will lease back 1.1+ million square feet across five facilities for administrative, manufacturing, warehouse as well as distribution operations.
What’s more, to support a global manufacturing and distribution model that’s integrated, efficient and cost-effective, Fujifilm announced last year it will transition many of the manufacturing functions at its Greenwood campus to other sites in Europe and Asia.
However, Fujifilm committed to maintain a strong presence in Greenwood. Thus, it will continue manufacturing for its Personalized Photo Products Group, Warehousing and Distribution, and also administrative support functions.
“Fujifilm arrived in Greenwood over 30 years ago. We look forward to continuing as a major employer and a good neighbor in the community,” said Jun Higuchi, president, Fujifilm Holdings America Corporation; president and CEO, Fujifilm North America Corporation; and chairman, Fujifilm Healthcare Americas Corporation.
“We look forward to working with Phoenix Investors to create a productive and enjoyable working environment for our valued employees.”
QuickSnap Camera Manufacturing
In addition, Fujifilm decided to increase the manufacturing of its QuickSnap one-time-use cameras due to the rising U.S. demand driven by gen Z consumers.
“We are pleased to continue our manufacturing assembly operations of QuickSnap one-time-use cameras. With the increased demand for color film, we’ve recently added a second shift with 15 additional positions,” said Bing Liem, division president, Imaging Division, Fujifilm North American Corporation.
“We will also continue our Personalized Photo Products operations here; where we provide fulfillment of photo prints and photo gifts for customers across the country. We have built strong relationships with the community to fill nearly one thousand seasonal positions annually during our busy holiday season. And we are proud to be one of the largest employers in Greenwood.”