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Lilly announces $3 billion expansion of Kenosha County manufacturing facility
Dec 05, 2024•over 1 year ago
Contract Type
agreement
BiotechnologyHealth Care
Description
Eli Lilly and Company has announced a $3 billion expansion of its Kenosha County, Wisconsin manufacturing facility, which was acquired earlier this year. The expansion aims to meet the growing demand for diabetes, obesity, and future pipeline medicines across therapeutic areas, and is expected to add 750 highly skilled jobs to the current workforce.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months