Lilly to break ground on LEAP District plants
State and local officials will join executives from Eli Lilly and Co. (NYSE: LLY) on Monday to break ground on the company’s manufacturing plants in the LEAP Innovation and Research District in Boone County.
Last May, Lilly announced plans to invest $2.1 billion to build two facilities in the district and create up to 500 jobs.
The scope of Lilly’s manufacturing campus has since grown. Jennifer Massey, associate vice president for manufacturing at Lilly, told the Lebanon Planning Commission in January that the campus would ultimately include 12 buildings, ranging from administrative offices, lab space, manufacturing, utilities, warehousing and a fire station.
The two manufacturing plants, known as LP1 and LP2, would each be three stories tall and cover 330,000 square feet.
Gov. Eric Holcomb and Indiana Secretary of Commerce Brad Chambers will be on hand for the groundbreaking. The Indiana Economic Development Corp. says Lilly plans to make another announcement at the event.
We’ll have more details in Monday’s INside Edge Midday Report newsletter.