Eli Lilly to invest $5B on Virginia plant

Eli Lily On Tuesday, it announced an investment of $ 5 billion in a manufacturing facility in Virginia, where the giant aspires to expand its local energy amid the threat of definitions.

The manufacturing facility is expected to generate 650 high -wage functions and 1,800 building functions in the West Creek Business Park in the province of Goochland, Virginia. The facility will produce active Pharmaceutical components For cancer, autoimmune and other advanced treatments.

Elie Lily’s announcement is an expansion that exceeds the original plan of a $ 2.1 billion facility that creates 468 jobs.

“Our investments in Virginia confirm our commitment to American innovation and manufacturing-creating high-quality jobs, promoting societies, and progressing in the health and welfare of Americans at the country level,” said David Rex, CEO of Laila. “By expanding our local ability, we are building a safe and flexible supply chain that is presented to patients today and supports the medicines provided by tomorrow.”

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Virginia Governor Glenn Youngin He said in a statement that “Lily is one of the greatest innovators of the world, and I would like to thank them for this important commitment to Virginia.”

“By expanding the manufacturing ability here in the United States, we strengthen our economy, secure the critical pharmaceutical supply chain in America, and to determine the position of Virginia to lead in industries that will lead innovation for future generations.”

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Pharmaceutical companies intensify their investments in American manufacturing facilities in the middle of the president Donald Trump Efforts to push the industry to make more medicines locally instead of importing it.

Trump threatened Identification of definitions On pharmaceutical products, saying it will start small and can raise it to 250 % to enhance American production.

Elie Lily announced plans for four new manufacturing facilities this year. (AJ Mast / Bloomberg via / Getty Images)

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Earlier this year, Eli Lily has set plans to spend at least $ 27 billion on four new Americans Manufacturing facilities To face potential definitions on drug imports.

Reuters contributed to this report.