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Eli Lilly to Build $5 Billion Manufacturing Plant in Virginia; Oracle Releases Java 25 with AI Focus; Suicide Prevention Initiative Reaches 188,000 Construction Workers

16.9.25

INDIANAPOLIS – Pharmaceutical giant Eli Lilly announced plans today to build a new $5 billion manufacturing facility in Virginia, a massive investment expected to create nearly 2,500 high-wage jobs. In the technology world, Oracle released Java 25, a major update to the widely used programming language with a significant focus on artificial intelligence. These landmark corporate announcements were matched by a significant milestone in public health, as the American Foundation for Suicide Prevention revealed its industry-specific mental health initiative has now reached over 188,000 construction workers.

Eli Lilly Announces Massive $5 Billion Investment in Virginia

In one of the largest economic development projects of the year, Eli Lilly announced it will construct a $5 billion manufacturing facility in Goochland County, Virginia. The new site will be dedicated to producing active pharmaceutical ingredients (API) for cancer, autoimmune, and other advanced therapies. The company stated the investment will create 2,450 high-wage jobs in the region, significantly boosting the local economy and strengthening the U.S. pharmaceutical supply chain.

Oracle Releases Java 25, Boosting AI Capabilities

Oracle today announced the release of Java 25, the latest version of one of the world's most popular programming languages. The new release delivers 18 JDK Enhancement Proposals designed to improve the language and its performance. A key focus of the update is the expansion of Java's AI capabilities, aiming to help developers accelerate productivity in building next-generation applications.

The growing impact of AI tools was further highlighted as Visier's Vee for Microsoft Copilot, a generative AI-based people analytics agent, was named a Top HR Product of the Year by HR Executive magazine ahead of the HR Technology Conference.

Mental Health and Education Initiatives Gain Ground

The American Foundation for Suicide Prevention (AFSP) announced a major milestone for its Hard Hat Courage initiative, a program designed to address the high rates of suicide in the construction industry. The organization has now reached over 188,000 construction workers with life-saving suicide prevention and mental health resources.

In education, The Partnership for Miami committed nearly $2 million to The Lucy Project, a three-year effort to increase literacy rates for 800 students across four high-need schools in Miami-Dade County. The grant was unveiled alongside a new report highlighting the region's educational achievements and challenges.

In Brief: Business Partnerships and Market Growth

  • University Partnership: Arizona-based dairy brand Shamrock Farms and Arizona State University (ASU) announced a new 5-year, multi-tiered partnership. Shamrock Farms will become a key partner in fueling the success of Sun Devil Athletics.

  • eCommerce: Payments leader Fortis and eCommerce platform BigCommerce announced a new strategic partnership to simplify the checkout process and accelerate business growth for merchants. In a separate move, two leading eCommerce agencies, O2 Commerce and ZaneRay, announced they are uniting under a new brand name: Datmos.

  • Canadian Finance: Fairstone Bank of Canada announced the successful closing of its inaugural $250 million deposit note offering, a key step in diversifying its funding sources.

  • Market Growth Projections: New market reports released today forecast massive growth in key technology and health sectors. The Solid-State Battery Market is projected to surpass $56 billion by 2035, while the Connected Health Market is expected to reach over $421 billion by 2031.

  • Corporate M&A: Daybright Financial announced its third strategic acquisition of the year, acquiring The Platinum 401k, Inc. to strengthen its retirement offerings.


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