Greater Lafayette Magazine: Summer 2022

Page 8

What you got, Scott?

There's no other way to say this: Greater Lafayette continues to thrive. Here are three examples from the last few months.

Evonik expansion brings cutting-edge technology manufacturing to Tippecanoe County In 1950, Eli Lilly and Company opened the Tippecanoe Laboratories in Shadeland Township in Tippecanoe County. The new manufacturing facility expanded Lilly’s production of antibiotics. The Lilly plant continued to expand and grow in manufacturing advanced pharmaceutical ingredients (APIs), and in 2009 it was acquired by Evonik Corporation, a German company. The site continues to make APIs for Lilly and other drug companies. In June, Evonik entered into a new phase for the Shadeland site by selecting it as the location for an expansion in specialty lipid manufacturing. Lipids were a critical component in the creation of the vaccines to fight the COVID-19 pandemic and will be used in many new novel pharmaceuticals in control of infectious diseases, immune therapies for cancer, and gene therapies. The competition for the investment included Evonik locations in the United States, Canada and Singapore. The community rallied to win the investment by offering tax abatements and job training incentives. The company plans to invest more than $220 million and add 80 new jobs to the site.

8 GREATER LAFAYETTE MAGAZINE


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Greater Lafayette Magazine: Summer 2022 by Greater Lafayette Commerce - Issuu