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Hardik Shah
@AIStockSavvy
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ๅŠ ๅ…ฅ September 2009
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โšก ๐”๐๐ƒ๐€๐“๐„: $LLY Eli Lilly Breaks Ground on $๐Ÿฒ.๐Ÿฑ ๐—•๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป Houston Manufacturing Facility ๐Ÿ‘‰ ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€: โžค ๐—˜๐—น๐—ถ ๐—Ÿ๐—ถ๐—น๐—น๐˜† breaks ground on $๐Ÿฒ.๐Ÿฑ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป Houston manufacturing facility. โžค Site will manufacture APIs for ๐—™๐—ผ๐˜‚๐—ป๐—ฑ๐—ฎ๐˜†๐—ผ (๐—ผ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—ด๐—น๐—ถ๐—ฝ๐—ฟ๐—ผ๐—ป) and other medicines. โžค Foundayo is Lilly's first synthetic oral ๐—š๐—Ÿ๐—ฃ-๐Ÿญ medicine. โžค Facility supports Lilly's $๐Ÿฑ๐Ÿฌ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป U.S. manufacturing expansion. โžค Houston facility will create over ๐Ÿฒ๐Ÿฌ๐Ÿฌ high-wage jobs. โžค Construction is expected to support approximately ๐Ÿฐ,๐Ÿฌ๐Ÿฌ๐Ÿฌ jobs. โžค Lilly commits $๐Ÿญ๐Ÿฎ.๐Ÿฑ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป toward workforce development with San Jacinto College. โžค Site will also manufacture advanced therapeutics, including ๐—ผ๐—น๐—ถ๐—ด๐—ผ๐—ป๐˜‚๐—ฐ๐—น๐—ฒ๐—ผ๐˜๐—ถ๐—ฑ๐—ฒ๐˜€. โžค Facility will deploy ๐—”๐—œ, machine learning, automation, and advanced analytics. โžค Foundayo's full global rollout is targeted for ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿณ. ๐Ÿ‘‰ ๐—ช๐—ต๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐— ๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€: โžค Expands domestic capacity for Lilly's growing ๐—š๐—Ÿ๐—ฃ-๐Ÿญ medicine portfolio. โžค Strengthens Lilly's U.S. supply chain for critical pharmaceutical ingredients. โžค Adds manufacturing capacity supporting potential international Foundayo expansion. โžค Creates skilled manufacturing jobs while developing Houston's biopharmaceutical workforce. โžค Advances Lilly's broader $๐Ÿฑ๐Ÿฌ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป U.S. reshoring strategy. ๐Ÿ‘‰ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€: ๐——๐—ฎ๐˜ƒ๐—ถ๐—ฑ ๐—”. ๐—ฅ๐—ถ๐—ฐ๐—ธ๐˜€, Lilly Chair and CEO: "We are thrilled to break ground on our latest 'medicines made in America' site in the great state of Texas. This $6.5B investment will help change the game for tens of millions of people suffering from overweight, obesity and its consequences like diabetes. We will make and ship Lilly's latest products from Texas to people here at home and around the world." ๐—˜๐—ฑ๐—ด๐—ฎ๐—ฟ๐—ฑ๐—ผ ๐—›๐—ฒ๐—ฟ๐—ป๐—ฎ๐—ป๐—ฑ๐—ฒ๐˜‡, Executive Vice President and President of Lilly Manufacturing Operations: "When you invest in a place like Houston, you invest in its people first. This facility will run on the talent of this community, powered by our relationship with San Jacinto College. We're hiring across the greater Houston area to help residents build careers close to home. The facility itself is being built to the highest standards for safety, quality and responsible stewardship of the environment, and every one of these jobs helps bring innovative medicines to the patients counting on them." ๐—š๐—ฟ๐—ฒ๐—ด ๐—”๐—ฏ๐—ฏ๐—ผ๐˜๐˜, Texas Governor: "Texas is the global hub for life sciences. This $6.5 billion Lilly investment in Houston is the largest active pharmaceutical ingredient project in Texas history and will create more than 600 high-wage jobs, right here in Texas. Texas will produce these medicines at home so we can deliver life-changing treatments to millions of Americans." ๐——๐—ฟ. ๐—•๐—ฟ๐—ฒ๐—ป๐—ฑ๐—ฎ ๐—›๐—ฒ๐—น๐—น๐˜†๐—ฒ๐—ฟ, Chancellor of San Jacinto College: "Eli Lilly's manufacturing investment in Generation Park is a tremendous opportunity for the Houston region. San Jacinto College is proud to work with Lilly to develop the skilled workforce needed to support the growth of biopharmaceutical manufacturing. Together, we will expand industry-informed education and hands-on training pathways that prepare students and incumbent workers with the technical skills these advanced manufacturing careers require. This relationship will build a strong, sustainable talent pipeline for Lilly while creating meaningful, high-demand career opportunities across our region."
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