Eli Lilly and Company Plans Boone County, Indiana, Manufacturing Sites
05/26/2022
The facilities will increase the company’s manufacturing capacity for active ingredients and new therapeutic modalities, like genetic medicines, representing the company’s dedication to expanding its portfolio of potentially life-changing treatments for patients around the world.
“For nearly 150 years, Lilly’s operations in Indiana and our continued commitments in the state have enabled us to develop and deliver innovative and life changing medicines for patients,” said company CEO and Chair Dave Ricks. “This investment furthers our commitment to Indiana while also fulfilling our purpose of making life better for millions of people.”
Pending approvals of local zoning and annexation, Lilly plans to build its new operations within the new LEAP (Limitless Exploration / Advanced Pace) mega-site, the recently reported innovation and research district in Boone County.
“Lilly has been an anchor in Indiana’s economy for generations, and this announcement means they will continue to be here for generations,” said Governor Eric Holcomb. “I am incredibly proud Lilly continues to make exciting investments in Indiana that will better the lives and opportunities of Hoosiers for decades to come. And in turn, the very research and pharmaceutical manufacturing spearheaded here in our state will improve lives worldwide.”
The Indiana Economic Development Corporation (IEDC) is working with Lilly to finalize an investment offer in the form of a performance-based incentive package.
“Today’s very significant investment by Lilly in Indiana is an endorsement of today’s Indiana but also consistent with our vision for Indiana’s vibrant economic future,” said Secretary Brad Chambers. “Lilly’s interest in the LEAP Lebanon Innovation District, if approved, validates our view that well located infrastructure is important to our future growth and innovation.”
Eli Lilly and Company employs more than 36,000 people worldwide, including more than 10,400 in Indiana.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024