A global leader in pharmaceutical innovation is moving forward with plans to build a $5 billion state-of-the-art facility in Virginia, Republican Gov. Glenn Youngkin announced Tuesday.
Eli Lilly and Company, an almost 150-year-old pharmaceutical company based out of Indianapolis, Indiana doing business as Lilly, will generate 650 high-wage jobs and 1,800 construction jobs through the new investment at West Creek Business Park, located in Goochland County
“Lilly is one of the world’s great innovators, and I want to thank them for this significant commitment to Virginia,” Youngkin said. “This new facility in Goochland County will create 650 great jobs, along with 1,800 construction jobs, and deliver some of the most advanced medicines in Lilly’s portfolio, powered by the unmatched talent of our Virginia workforce. By expanding manufacturing capacity here in the United States, we are strengthening our economy, securing America’s critical pharmaceutical supply chain, and positioning Virginia to lead in the industries that will drive innovation for generations to come.”
Across the U.S., Lilly employs approximately 22,000 people, and has more than 49,000 employees worldwide. Originally, the company planned to invest $2.14 billion, which would have created 468 jobs.
Upon completion, Virginia will become a critical part of the U.S. pharmaceutical supply chain and will produce drug components and finished medicines, according to Youngkin’s office.
“Our investment in Virginia underscores our commitment to U.S. innovation and manufacturing – creating high-quality jobs, strengthening communities, and advancing the health and well-being of Americans nationwide,” Lilly Chair and CEO David A. Ricks said. “By expanding our domestic capacity, we’re building a secure, resilient supply chain that delivers for patients today and supports the breakthrough medicines of tomorrow.”
With investments topping $50 billion since 2020, the new site will be the company’s first dedicated, fully integrated active pharmaceutical ingredient and drug product plant for drugs primarily used in the treatment of cancer, with potential uses for autoimmune diseases.
Secretary of Commerce and Trade Juan Pablo Segura said that for 150 years the company has worked to “address medical mysteries,” and added that Virginia is now joining Lilly on that mission.
“With this investment, Lilly isn’t just bringing great jobs and new facilities; they are bringing the promise of a healthier future for all Americans,” Segura said.
Added Goochland County Board of Supervisors Chairman Tom Winfree: “The West Creek Business Park has long been recognized as one of the premier business destinations in our region. It grows even stronger as we officially welcome Eli Lilly as its newest corporate resident — a company whose presence will bring jobs, investment, and innovation to our community. Their investment is proof of both Virginia’s and Goochland’s appeal as a great place to do business.”
