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| Best of NAMA 2026 |
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ELANCO ACQUIRES FORMER GM STAMPING PLANT IN DOWNTOWN INDIANAPOLIS
Aug. 26, 2025
by C.J. Miller, Hoosier Ag Today radio network
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| Elanco | | Jeff Simmons, President and CEO of Elanco Animal Health, Inc. |
Indianapolis, IN -- Indiana Gov. Mike Braun has announced that the state is selling the former General Motors stamping plant site near downtown Indianapolis for $27 million to Elanco Animal Health, where the company is currently building a new global headquarters.
Although the land transitions into private ownership, the Governor's office says the state will continue as an active partner supporting the site's future development through the Indiana Office of Commerce.
"This agreement is a responsible step forward," said Gov. Braun in a statement. "It places this property in the hands of a company with a clear vision of a world-class innovation district, while ensuring the State of Indiana remains a full partner in what comes next. This is about more than redeveloping land; it's about creating jobs, attracting talent, and driving long-term growth for Indiana."
According to Inside Indiana Business, the state had been seeking "buyers, partners or users" for the site, which includes the $200-million-plus facility that is being built that will serve as the new headquarters for Elanco Animal Health. The building is expected to be open October 1, which will mark the official shift of Elanco's headquarters from Greenfield to Indianapolis--including the move of more than 725 employees.
In May 2024, Purdue University and Elanco Animal Health announced a partnership to share research facilities at the planned OneHealth Innovation District, which will be located near the Elanco Global Headquarters in downtown Indianapolis. The partnership with Purdue and Elanco also included the Indiana Economic Development Corporation (IEDC) to "establish a globally recognized research innovation district dedicated to optimizing the health of people, animals, plants and the planet."
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