--- title: "On September 16th local time, Eli Lilly announced plans to build a $5 billion production facility in" description: "On September 16th local time, Eli Lilly announced plans to build a $5 billion production facility in Goochland County, west of Richmond, Virginia. This new site will become the company's first fully i" type: "news" locale: "en" url: "https://longbridge.com/en/news/257582027.md" published_at: "2025-09-16T14:51:40.000Z" --- # On September 16th local time, Eli Lilly announced plans to build a $5 billion production facility in > On September 16th local time, Eli Lilly announced plans to build a $5 billion production facility in Goochland County, west of Richmond, Virginia. This new site will become the company's first fully integrated active pharmaceutical ingredient (API) and drug manufacturing base dedicated to its emerging bioconjugate platform and monoclonal antibody product lines. The production facility is expected to be completed within the next five years. (Jiemian) On September 16th local time, Eli Lilly announced plans to build a $5 billion manufacturing facility in Goochland County, west of Richmond, Virginia. This new site will become the company's first fully integrated active pharmaceutical ingredient (API) and drug manufacturing base dedicated to emerging bioconjugate platforms and monoclonal antibody product lines. The manufacturing facility is expected to be completed within the next five years. (Jiemian) ### Related Stocks - [LLY.US - Eli Lilly](https://longbridge.com/en/quote/LLY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Eli Lilly and Company $LLY Shares Acquired by Assetmark Inc. | Assetmark Inc. increased its holdings in Eli Lilly and Company (NYSE: LLY) by 6.0% in Q3, owning 55,360 shares valued at | [Link](https://longbridge.com/en/news/275971336.md) | | Eli Lilly (LLY) Builds $1.5 Billion Inventory of Weight-Loss Pill | Eli Lilly (LLY) has prepared a $1.5 billion inventory of its new weight-loss pill, Orforglipron, ahead of its anticipate | [Link](https://longbridge.com/en/news/276070062.md) | | Kraken says investigating reports from clients having difficulty connecting to derivatives via Fix API | Kraken says investigating reports from clients having difficulty connecting to derivatives via Fix API | [Link](https://longbridge.com/en/news/275504527.md) | | Alivus Life Sciences Says 3 Injured After Fire At API Plant In Gujarat | Alivus Life Sciences Ltd :ALIVUS LIFE SCIENCES LTD - FIRE AT API PLANT IN DAHEJ, GUJARATALIVUS LIFE SCIENCES LTD - THREE | [Link](https://longbridge.com/en/news/276049930.md) | | Next Biometrics Secures Order For Fap20 | Next Biometrics Group ASA :NEXT BIOMETRICS SECURES NOK 3.5 MILLION PURCHASE ORDER FOR NEXT BASALT, FAP20 FROM AN EXISTIN | [Link](https://longbridge.com/en/news/276065033.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.