FUJIFILM Cellular Dynamics, the company founded 18 years ago by UW-Madison stem cell pioneer James Thomson, plans to triple its footprint in Madison by building a new headquarters on the Far West Side.

The company, now on Science Drive at University Research Park, plans to open a 140,000-square-foot facility about six miles to the northwest, on Excelsior Drive, in 2026. The expansion will involve increasing from about 200 employees now to about 400 by 2030, the company said.

“Now is the time for Fujifilm Cellular Dynamics to branch out and grow our capabilities,” CEO Tomoyuki Hasegawa said Monday at a groundbreaking event at the new site, on which the company purchased a building from John Deere Financial that it plans to remodel and expand.

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