NEWS


Lilly expands manufacturing footprint in Ireland with $1.8 billion investment


Eli Lilly and Company has announced a $1 billion expansion of its Limerick manufacturing site to increase production of biologic active ingredients, including those for its recently approved treatment for early symptomatic Alzheimer’s disease. The company also unveiled its new $800 million facility expansion in Kinsale, which began making medicines last year to meet demand for Lilly’s latest diabetes and obesity treatments. Edgardo Hernandez, executive vice president and president of Lilly Manufacturing Operations, said: “These investments will boost the production of some of our medicines, helping millions of people with diabetes, obesity and Alzheimer’s disease live the healthiest lives possible. “We won’t stop there – these state-of-the- art facilities will also be equipped to support our


promising pipeline molecules of the future.” As a part of this expansion, Lilly will create another 150 jobs for highly skilled workers in Limerick such as engineers, scientists, quality assurance professionals and operations personnel, for a total of 450 employees. Lilly initially announced the Limerick site in 2022 and


broke ground in March 2023. Production of biologic active ingredients for Lilly medicines is on track to start in 2026.


Once completed, the Limerick site will operate with 35% lower energy intensity, use 40% less water, and generate 15% less waste than traditional biopharmaceutical manufacturing processes. In Kinsale, Lilly has the single largest privately owned solar farm – 26 acres – in the Republic of Ireland, which powers a 


Factory activity grew


slightly in August Manufacturing activity grew in August at its fastest rate in six months, boosted by production increases and a faster rise in employment numbers, a new survey showed today. The AIB S&P Global manufacturing Purchasing Managers’ Index  indicates growth in activity in the sector. The survey showed an increase in production volumes was accompanied by a fourth consecutive monthly growth in staff numbers, with the rate of job creation accelerating to the fastest level for 12 months. AIB’s chief economist David McNamara said staff hiring was a bright spot attributable to the starting of new projects and efforts to boost business capacity.


But he cautioned that demand conditions were still relatively subdued, with manufacturers recording a modest decline in total new work during August. “Survey respondents mostly commented on subdued demand and lacklustre economic conditions, while some also noted a headwind from customer destocking,” he said.


Altus hosts successful ‘Factory of the Future’ Event


Altus Group, in partnership with Fuji Corporation, recently held its second ‘Factory of the Future’ event at the Advanced Manufacturing Technology Centre (AMTC) in Coventry. 


event ever organised by Altus, showcasing the latest advancements in electronics manufacturing.


Building on the success of its inaugural event in 2022, this year’s ‘Factory of the Future’ attracted over 200 participants and featured nearly 30 suppliers, offering hands-on experiences with nearly 40 unique processes. The comprehensive program included 16 presentations from industry


leaders, addressing several topics, including the future of electronics manufacturing and current industry trends and challenges. Joe Booth, chief executive of Altus Group, said: “What an incredible few days!


Organising an event of this scale is a monumental effort, and the Altus team truly outdid themselves this time. The positive feedback from our customers and partners has been exceptional, and having over 200 participants is a clear indicator of our growing presence in the UK and Ireland. “We’re excited to build on this momentum and turn the interest from the event into successful projects in the months ahead.”


4 September 2024 Irish Manufacturing www.irish-manufacturing.com


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