# Eli Lilly to invest $1B in new pharmaceutical plant in Concord, North Carolina

Eli Lilly plans to invest $1 billion to build a new pharmaceutical manufacturing facility in Concord, North Carolina, creating nearly 600 jobs. The facility will manufacture parenteral products and devices.

- Type: New facility
- Announced: 2022-01-28
- Where: Concord, North Carolina, United States
- Value: $1.00B
- Jobs: 600
- Status: announced
- Products: parenteral (injectable) products and devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Eli Lilly and Company](https://endata.com/companies/16522.md)

## Sources

- [investor.lilly.com](https://investor.lilly.com/news-releases/news-release-details/lilly-announces-1-billion-investment-new-manufacturing-facility), 2022-01-28: "Lilly plans to invest over $1 billion to create a new manufacturing site, along with nearly 600 new jobs in Concord, North Carolina."
- [governor.nc.gov](https://governor.nc.gov/news/press-releases/2022/01/28/governor-cooper-announces-nearly-600-jobs-lilly-selects-cabarrus-county-major-pharmaceutical-plant), 2022-01-28: "Lilly plans to invest $1 billion and create nearly 600 new jobs in Cabarrus County."
- [prnewswire.com](https://www.prnewswire.com/news-releases/lilly-announces-1-billion-investment-in-new-manufacturing-facility-in-north-carolina-301470773.html), 2022-01-28: "Lilly is entering an exciting period of growth and we are committed to delivering innovative medicines to patients around the world."
- [areadevelopment.com](https://www.areadevelopment.com/newsitems/2-1-2022/eli-lilly-and-company-concord-north-carolina.shtml), 2022-02-01: "Lilly is entering an exciting period of growth and we are committed to delivering innovative medicines to patients around the world."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.