HOUSTON - In a major development for the Greater Houston economy, Fortune 100 drugmaker Eli Lilly has announced plans for a $6.5 billion manufacturing facility at Generation Park in Northeast Harris County.
Lilly to build $6.5B Houston facility
What they're saying:
"Texas offered speed and scale from blueprint to validation to production of medicines. This region offers top-notch talent rooted in its history in the energy, aerospace and medical industries," said Dave Ricks, Eli Lilly CEO.
Ricks said the Houston area beat out 300 competing proposals from 40 different states, all vying to be players in "reshoring" America's pharmaceutical making capacity.
Ricks says Houston provides an impressive list of assets, including easy access to chemical manufacturers, adjacency to a massive p