Governor Glenn Youngkin Announces Eli Lilly and Company Investment of $5 Billion in Virginia

URLhttps://www.governor.virginia.gov/newsroom/news-re
Sourcegovernor.virginia.gov
Date Published09/16/2025

Additional Reshoring Information:

Company/Division name Eli Lilly and Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):650
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):5000
City reshored to:Goochland County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharmaceuticals
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:appropriation of up to $130 million
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