Location at I-70 and Ind. 9 within Greenfield City Limits

GREENFIELD, Ind., Sept. 2 /PRNewswire-FirstCall/ -- Elanco, a global animal health company, announced today that it has chosen a site at I-70 and Ind. 9 as the location for its new worldwide headquarters. Construction on the state-of-the-art facility, set to begin in March 2009, marks the launch of a 52-acre business and life sciences park being developed by Browning Investments.

'We are excited to not only stay in Hancock County, but also to be residents of the City of Greenfield,' said Jeff Simmons, president of Elanco, a division of Eli Lilly and Company. 'This location plays a key role in providing Elanco employees a great new home, as well as a strong identity and presence in the city. It also gives our customers a great place to visit.

'The new Elanco headquarters will centralize the company's operations, while saving us at least $1 million in annual operating expenses,' Simmons added. 'This is a vital step in our goal to be a top global animal health company, and we look forward to a long, successful relationship with Greenfield.'

The new headquarters will be owned, built and managed by Browning, one of the Midwest's leading commercial development companies. The Elanco headquarters will encompass about 135,000 square feet over 20 acres within the Browning park. Elanco's global headquarters is the first project in the new business park, and will launch the development of 32 remaining acres for additional development within this campus. The park, when completed, could accommodate up to 400,000 square feet of business space.

'We are proud to provide Elanco with a terrific life sciences facility to accommodate its needs, now and going forward,' said Dale Pfeifer, director of real estate development for Browning.