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Eli Lilly Starts Construction On $5B Production Site In Richmond, Virginia

Oct 22, 2026 · 10:41 AM ET· updated 1h ago

Eli Lilly and Company (NYSE:LLY) broke ground today on a new $5 billion manufacturing facility just west of Richmond, Virginia, in Goochland County, one of 10 new U.S. manufacturing sites announced since 2020 and one of

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Why It Matters

Eli Lilly is building a huge new medicine factory in Virginia. When companies spend billions to make more products, it shows they believe demand is strong.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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