College Station City Council unanimously approved an amendment to a 2021 economic development incentive agreement with Fujifilm Biotechnologies that recognizes the company's plan to restart a previously paused expansion.

Under the original 2021 agreement, Fujifilm committed to a 138,000-square-foot expansion, a planned $300 million capital investment and 150 additional jobs; in return the city agreed to property-tax reimbursement equal to 50% of certain property taxes over 10 years. The company paused the project when international market conditions shifted during the COVID era. In the amendment approved Thursday the company affirmed an initial $30 million restart investment, and staff extended the completion schedule to December 31, 2028, to accommodate the revised build-out timetable.

Brazos County commissioners approved matching language earlier in the week and council members welcomed the renewed investment and reaffirmed Fujifilm's role as a major local employer. "They've outperformed on every one of these agreements," a staff member said in support of the amendment.

What's next: Staff will finalize the executed amendment and continue regular coordination with Fujifilm on site plans and permitting as the expansion proceeds. The amendment passed unanimously.