Eli Lilly to Invest $5 Billion in New Virginia Manufacturing Facility

Sep 16, 2025

Eli Lilly announced plans to build a $5 billion drug manufacturing facility in Goochland County, Virginia. This new site will focus on producing targeted cancer drugs, treatments for autoimmune diseases, and other advanced therapies.

The facility is part of Eli Lilly's broader commitment to expand its domestic production with four new U.S. manufacturing plants. The Virginia site is the first of these planned locations and is expected to start making medicines within five years.

The investment will create about 2,450 high-wage manufacturing and construction jobs in the area. Eli Lilly says the new plant will develop active pharmaceutical ingredients (API) and help strengthen U.S. production as the industry prepares for possible tariffs.

What will Eli Lilly's new facility produce?

The facility will make targeted cancer drugs, autoimmune treatments, and other advanced medicines.

Where will the new plant be located?

The plant will be in Goochland County, Virginia, just west of Richmond.

Why is Eli Lilly building new U.S. manufacturing plants?

The company wants to boost local production, prepare for possible tariffs, and increase its ability to make important medicines in the United States.

How many jobs will be created?

The project is expected to generate about 2,450 high-wage manufacturing and construction jobs.

Sources
Eli Lilly to build $5 billion Virginia facility to boost production of targeted...
CNBC
Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments. The plant is the company's first of four planned U.S. manufacturing sites, which will begin making medicine...
Lilly announces plans to build $5 billion manufacturing facility in Virginia
PRNewsWire
New site in Virginia's Goochland County will develop active pharmaceutical ingredients (API) in the U.S. for cancer, autoimmune and other advanced therapies Company will create 2,450 high-wage manufacturing and construction jobs This marks the first of four new U.S. manufacturing sites that Lilly pl...
Eli lilly to invest $5 billion in new Virginia plant as pharma braces for tariff...
Reuters
Eli Lilly said on Tuesday it will invest $5 billion to build a manufacturing facility in Virginia, the first of four new U.S. plants the drugmaker has planned as it moves to expand domestic production and hedge against potential tariffs.
Eli Lilly unveils plans for $5B manufacturing facility near Richmond, Virginia
CNBC Television
CNBC's Angelica Peebles reports on news regarding Eli Lilly.
Eli Lilly to Invest $5 Billion in New Virginia Drug Manufacturing Plant
WSJ
Plan is part of the drugmaker's pledge to bolster its domestic medicine production with four new pharmaceutical manufacturing sites.
Eli Lilly to build $5B Virginia site to boost production of targeted cancer drug...
CNBC Television
Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments — the first in a string of new planned U.S. investments by the drugmaker.
Eli Lilly to invest $5B on Virginia plant amid Trump's pharma tariff threats
Fox Business
Pharmaceutical giant Eli Lilly expanded its Virginia facility investment plans to $5 billion from original $2.1 billion amid the Trump administration tariff threats on drug imports.
GSK and Eli Lilly are the latest multinational drugmakers to unveil plans to bui...
WSJ
GSK and Eli Lilly are the latest to unveil plans to add to manufacturing and increase other operations in America.
LLY's $5B Virginia Plant Plan: Will U.S. Manufacturing Shift Pay Off?
Zacks Investment Research
Eli Lilly will invest $5B in a new Virginia plant to make cancer drugs, creating 650 jobs amid Trump's tariff push.
Show All Sources
Related Posts
Other News
Back to Top