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MegadealsSubsidy Tracker Individual Entry
Company: Eli Lilly & Company
Parent Company:
Eli Lilly
Subsidy Source: state
Location: Indiana
City: Lebanon
County: Boone
Project Description: pharmaceutical manufacturing facility
Year: 2022
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $293,100,000
Program Name: multiple
Awarding Agency: Indiana Economic Development Corporation
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 700
Capital Investment: $3,700,000,000
Source of Data: Investment, jobs, and incentive data from April 17, 2023, Claire Rafford, "Lilly adds another $1.6B, 200 jobs to Boone County project," Indianapolis Star,
(click here). IEDC RTC and SEF info is at
(click here) (as of December 2023, the contracts have not been uploaded).
Notes: New 1.6 million sq. ft. research and manufacturing campus planned in LEAP (Limitless Exploration-Advanced Pace), advanced manufacturing district in Lebanon, IN. IEDC approved $4.5M in workforce development grants via the Skills Enhancement Fund, $17.1 million in redevelopment tax credits, and $271.5 million in new state income and sales and local property tax rebates via a TIF-like Innovation Development District. Overlap with main data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.