15 Jun 2022

Lilly breaks ground on $1B Cabarrus County manufacturing facility

State and local officials, as well as leadership from Eli Lilly and Company, gathered at the Grounds at Concord this week for a groundbreaking ceremony.  

As part of the company’s commitment to delivering innovative medicines to patients around the world, Lilly is investing more than $1 billion to create a new state-of-the-art manufacturing site in Concord. The investment is expected to create nearly 600 jobs. It is the second-largest economic development announcement in the history of Cabarrus County. 

“We’re back!” Gov. Roy Cooper exclaimed as the crowd applauded. 

North Carolina committed to Lilly to provide a “strong, smart, dedicated, and diverse workforce,” Cooper added.  

The new facility will utilize the latest technology to increase the company’s manufacturing capacity in parenteral (injectable) medications, device assembly and packaging operations.  

The manufacturing facility will be built at The Grounds at Concord, the former Phillip Morris plant which has become home to other significant economic development announcements in recent months.  

While building out the site, developers will be using the latest high-tech equipment, advanced, highly integrated and automated manufacturing systems, with a focus on minimizing our environmental impact. 

“This will change the landscape of biotech in this part of our state,” Page Castrodale, executive director of the Cabarrus Economic Development Corporation, said when the announcement was made. “It expands North Carolina’s life sciences industry into the Charlotte Region in a very transformative way, bringing tremendous opportunity with it.” 

Photo Courtesy: LJ Weslowski, City of Concord

Related Content

01 Sep 2025 CEO Harry Sideris: Duke Energy positioning itself to meet rising energy needs

Meeting future energy needs presents a “monumental challenge,” but Duke Energy President and CEO Harry Sideris is ready to rise to the occasion. Speaking at the Charlotte Regional Business Alliance Investor Quarterly Meeting in a conversation moderated by CLT Alliance Board Chair David Longo, Sideris reflected on his career path,… Read More

26 Aug 2025 Congressman Tim Moore visits with business community

The Charlotte Region’s business community met with Congressman Tim Moore for the second time in 2025 as part of the Charlotte Regional Business Alliance’s Advocacy in Action series. Moore connected with the business community last week at Truist Field, the home of the Charlotte Knights baseball team. CLT Alliance Board… Read More

21 Aug 2025 157 people move to Charlotte Region daily

On average, 157 people move to the Charlotte Region every day, according to a Charlotte Regional Business Alliance analysis of recent data. This consistent population growth underscores the region’s position as a powerful magnet for growth, matching or surpassing the momentum of some of the most dynamic markets in the… Read More