Evonik Invests $100 million to Upgrade its Lafayette Site

Evonik is making a significant investment to strengthen manufacturing capabilities at its Lafayette (Tippecanoe), Indiana facility. Over the next five years, the company will invest US$100 million to modernize key equipment – including 100 m³ reactors and other critical systems – enhancing reliability, enabling greater automation, and improving ergonomics and efficiency. This investment is supported by local government and positions Evonik to meet the rapidly growing demand for U.S.-based drug substance CDMO services.

“Strengthening our U.S. drug substance business is a strategic necessity. With demand surging, Tippecanoe plays a pivotal role in creating a more resilient and globally balanced asset footprint,” said Guido Skudlarek, head of the Health Care business line at Evonik.

Read More

Previous
Previous

IGBC Hosts Swiss Consul General, Business Roundtable

Next
Next

IGBC Hosts World Cup Watch Party