Eli Lilly unveils plan for four U.S. "mega-sites"

Eli Lilly and Co. said Wednesday it will open four new U.S. manufacturing "mega sites" in the next five years, in a bid to reduce its reliance on overseas suppliers and take more control over its supply chain.

Why it matters: The "reshoring" comes amid the Trump administration's push to move more manufacturing inside U.S. borders and will create 3,000 jobs, as well as 10,000 construction jobs, Lilly said.