Eli Lilly Breaks Ground On New $1 Billion Drug Plant in Concord

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This weekend, state and local officials gathered on Concord’s old Phillip Morris site to break ground on Eli Lilly’s new $1 billion, 800,000 square feet, 5-building drug manufacturing campus. The new facility will employ nearly 600 workers with an average salary of over $70k.

The company plans to start production at the new facility by 2024.

Eli Lilly is a American pharmaceutical manufacturer with an annual revenue of over $22 billion. Last year, the company was ranked 118 on the Fortune 500 list. They are the makers of Cialis, Cymbalta, Prozac, Thimerosal, Zyprexa, and dozens of other brand-name and generic drugs. 

“We are thrilled to welcome Lilly as they usher in a new era of biotechnology in our region, with Concord as a leading destination for innovation and excellence,” said Concord Mayor Bill Dusch in a press release“Lilly is a global leader in biotechnology, and we are proud to partner with them as they deliver hope to patients in our community and around the world through life-saving medical treatments manufactured right here in Concord.”

What do you think about the new facility?

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