The Wisconsin Economic Development Corp. is offering pharmaceutical giant Eli Lilly up to $100 million in tax credits to support the company’s expansion project in Kenosha County.
This past year, Indianapolis-based Lilly spent nearly $1 billion to acquire a pharmaceutical facility built by Nexus Pharmaceuticals in Pleasant Prairie. In late 2024, the company announced plans to invest another $3 billion to expand the facility and create 750 new jobs.
The project is intended to extend Lilly’s injectable product manufacturing network and help meet growing demand for diabetes and obesity medications.