Lilly making ‘record-breaking’ investment in Indiana manufacturing

URLhttps://www.wishtv.com/news/eli-lilly-making-recor
SourceWishtv.com
Date Published04/17/2023
Author NameJason Ronimous
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lilly and Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):700
Year reshoring announced:2023
Capital investment ($):1600
City reshored to:Indianapolis
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmedicines for diabetes and cancer,
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity
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