Eli Lilly to invest $1.2 billion in Puerto Rico as part of US manufacturing push
13 Articles
13 Articles
Eli Lilly Vows $1.2 Billion for Puerto Rico in Reshoring Boom
Eli Lilly & Co. joined a growing reshoring boom in Puerto Rico by vowing to spend $1.2 billion to expand and modernize its plants, representing one of the largest private-sector investments in the island’s history.
San Juan, Oct 29 (EFE).- U.S. pharmaceutical company Eli Lilly announced on Wednesday that it will invest more than $1.2 billion to expand and modernize its manufacturing plant in Carolina. This new investment will integrate advanced technologies and expand production capacity within the existing campus, in order to support the company’s growing portfolio of solid oral drugs for cardiovascular metabolic health, neuroscience, oncology and immunol…
With an investment of $1.2 billion ($1.2 billion), Eli Lilly and Company will expand its operations at Lilly del Caribe's plant in Carolina, Puerto Rico, increasing manufacturing capacity to support its growing portfolio of medicines in the areas of cardiometabolic health, neuroscience, oncology, and immunology.
The pharmaceutical company will invest $1.2 billion on the island and promises a hundred jobs
Eli Lilly to invest $1.2 billion in Puerto Rico as part of US manufacturing push
(Reuters) -Eli Lilly said on Wednesday it will invest more than $1.2 billion to expand its manufacturing site in Puerto Rico, as the drugmaker looks to increase its U.S. production capacity to hedge against potential tariffs. The revamped facility in Carolina, Puerto Rico will help manufacture Lilly’s weight-loss pill, orforglipron, for which the company expects to submit a marketing application to global regulators by end of this year. Global p…
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