Last Updated: June 13, 2005 09:30pm ET

Eli Lilly Downsizes Manufacturing Plant

By Barbra Murray

PRINCE WILLIAM COUNTY, VA-Eli Lilly and Co. will decrease the size of its planned insulin manufacturing plant at the Innovation@Prince William business park from 600,000 sf to 300,000 sf. The cost of the facility will amount to $325 million instead of the previously calculated figure of $425 million.

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