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Eli Lilly $6.5 Billion Manufacturing Plant

Sector: Commercial • Location: Houston, Texas, United States

Source: The Business Journals

Project
Planned

Eli Lilly and Co. is planning to build a $6.5 billion pharmaceuticals manufacturing plant in Generation Park, Houston. The facility will manufacture active pharmaceutical ingredients, including orforglipron, Lilly's first oral small-molecule GLP-1 drug for obesity treatment. The project has received a tax abatement deal approved by Sheldon Independent School District, limiting the taxable value of

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The project “Eli Lilly $6.5 Billion Manufacturing Plant” is an infrastructure initiative in the Commercial sector, located in Houston, Texas, United States. Taiyo aggregates data on it from The Business Journals.

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planned

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Description

Description

Eli Lilly and Co. is planning to build a $6.5 billion pharmaceuticals manufacturing plant in Generation Park, Houston. The facility will manufacture active pharmaceutical ingredients, including orforglipron, Lilly's first oral small-molecule GLP-1 drug for obesity treatment. The project has received a tax abatement deal approved by Sheldon Independent School District, limiting the taxable value of the property to 50% of its appraised or market value for 10 years starting in 2031. The plant will be built on 236 acres and is expected to employ 615 full-time workers.

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High

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100%

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