business expansion & Attraction
Eli Lilly and Company — Lilly Medicine Foundry | Lebanon (LEAP District) • $4.5B investment • 400 high-skill jobs • Strengthening U.S. pharmaceutical manufacturing In May 2025, Eli Lilly broke ground on the $4.5 billion Lilly Medicine Foundry in Indiana’s LEAP District, marking a major expansion of the company’s Indiana footprint and a significant investment in domestic pharmaceutical production. The first-of-its-kind facility will integrate research, process development, and clinical trial manufacturing, accelerating the path from discovery to patients while creating hundreds of high-skill jobs in central Indiana. “We’re investing at record levels in our home state to help our communities and economy thrive and enhance educational opportunities for more students. We look forward to doing our part to make Indiana an even better place to work and live, while fostering cutting-edge innovation in our state.” — Dave Ricks, Chair and CEO, Eli Lilly and Company
Saica Group | Anderson • $110M investment • 100+ jobs • Advanced corrugated
Elanco | Indianapolis
• $200M+ investment • Global headquarters • One Health Innovation District In October, Elanco opened
packaging manufacturing Saica Group broke ground on a $110 million corrugated packaging facility in Anderson, Indiana, expanding its U.S. manufacturing footprint and bringing more than 100 high- wage advanced manufacturing jobs to Madison County. The 350,000-square-foot facility, scheduled to open in 2026, will support Saica’s North American growth strategy while strengthening Indiana’s position in modern manufacturing and logistics. “We chose Indiana because of its people— skilled, committed, and ready to grow with us.” — Ramón Alejandro, CEO, Saica Group
its $200+ million global headquarters—anchoring Indiana’s leadership in life sciences and innovation.
Approximately 725 employees work at the campus, designed to support collaboration, innovation, and employee well-being. “Keeping Elanco’s global headquarters in Indiana means our employees can build world-class careers without leaving the communities where they’ve built their lives. This investment is about creating an environment where our people can collaborate, grow, and do their best work— together.” — Jeff Simmons, President & CEO, Elanco at the grand opening, October 2025
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Office of Commerce 2025
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