Project Bulletin: November 28, 2023

The Germany site will utilize automation and high-speed manufacturing lines for in-demand injectable medicines such as insulin.

Photo courtesy of Eli Lilly and Company

Last week, Eli Lilly and Company announced that it would bring a new manufacturing facility to the town of Alzey in southwestern Germany. The $2.5 billion project will help the company meet increased demand while supporting its growing parenteral product and device manufacturing network worldwide. Set to begin production in 2027, the Alzey site will begin construction in 2024, creating 1,900 jobs over the course of buildout. This move represents Eli Lilly’s sixth location in Europe. Lilly said it chose Germany for its life sciences talent pool, which will help the company fill 1,000 new jobs as it looks for skilled engineers, operators and scientists. In addition, it was announced that the company will also invest $100 million in venture capital funds to support new innovation and collaboration within Germany’s burgeoning biotech ecosystem.

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Having reduced its carbon emissions by 30% so far, this investment supports DP World’s goal to reach 100% carbon neutrality by 2040.

Photo courtesy of DP World

To expand loading and unloading capabilities at its Port of Callao operation in Peru, global logistics company DP World will invest $400 million through its Muelle Bicentenario Project. The introduction of 15 new electrical cranes to the terminal will additionally support decarbonization goals for DP World. Of the 15 new cranes, three will be Super Post Panamax quayside cranes and 12 inner port yard cranes, carrying capacities of 80 tons and 41 tons, respectively. The project is expected to be complete in 2024, increasing capacity by 80% at the Port of Callao, Peru’s main seaport. “Our investment in these electric cranes is a reflection of our unwavering dedication to environmental stewardship. By improving our infrastructure at the Port of Callao, we are not just enhancing operational efficacy but also making significant strides towards our ultimate aim of carbon neutrality,” said DP World Peru CEO Nicolas Gauthier.

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Nucor Steel’s new investment will expand its 20-year-old site in Tuscaloosa, Alabama.

Photo courtesy of Nucor Steel

Nucor Steel is investing $280 million to expand production lines at its Tuscaloosa, Alabama, site and construct a new rolling mill. This expansion allows the company to domestically produce thinner and stronger steel plates, which had not previously been produced in the U.S. “The investment at the rolling mill at Tuscaloosa is important to keep our mill competitive in the global steel industry and open up new market opportunities for our team,” said Nucor Steel Tuscaloosa Vice President and General Manager Brian Phillippi. Construction is set to begin by the end of this year, with the mill becoming operational mid-2027. As part of the investment deal, Nucor received a tax abatement package for up to 10 years from the Tuscaloosa County Economic Development Authority, and will use tax savings to purchase equipment and building materials for the project.

Reports compiled and written by Alexis Elmore