Lilly Increases Manufacturing Investment to $9 Billion at Newest ...
The Investor Relations website contains information about Eli Lilly and Company's business for stockholders, potential investors, and financial analysts.
investor.lilly.comHere’s the latest publicly announced information about Lilly Corporate Center and related Lilly developments.
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Lilly announced a major Indiana manufacturing and innovation hub called the Lilly Medicine Foundry, a $4.5 billion project aimed at advancing drug production and scaling clinical supply. Opening is targeted for late 2027, with the Indiana site located in Lebanon (LEAP district) and expectations of creating about 400 new skilled jobs. This is part of Lilly’s broader U.S. manufacturing expansion since 2020, bringing total U.S. capital commitments above $23 billion. [Source: Lilly press release and coverage from PR Newswire and Reuters, 2024][1][2][3]
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The Medicine Foundry is described as a first-of-its-kind facility that blends research and manufacturing to accelerate development of production methods for various modalities (small molecules, biologics, nucleic acid therapies). Technologies developed there are expected to be transferable to other Lilly sites for full-scale production.[3][1]
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Lilly has previously emphasized ongoing investments in U.S. manufacturing and innovation infrastructure, with multiple announcements between 2020 and 2024 outlining expansions and new centers to support its growing pipeline.[6][3]
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In addition to the Lebanon site, Lilly has other manufacturing and campus-related expansions (for example, investments in Concord, NC and other U.S. sites) as part of a broader strategy to scale manufacturing capacity and accelerate drug delivery.[8][9][6]
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The Lilly Corporate Center, based in Indianapolis, remains Lilly’s corporate headquarters and key site for governance and strategy, though most recent high-profile expansions highlighted above are in Indiana-related manufacturing facilities rather than the corporate center itself.[5][7]
If you’d like, I can fetch the official press releases or provide a concise timeline of Lilly’s Indiana investments with dates and job figures. I can also pull up CDP/SEC filings or local news coverage from Bend, Oregon (your location) for any regional impact or incentives tied to these projects.[1][3]