On the other side of the coin, you have pharmaceuticals companies, who often have negative level of net debt (debt - cash) because if their next break through drug may not get approved and their sales will drop. 

And $190M in facility upgrades2) In Downtown the Mass Ave district has been revamped and would probably be unrecognizable to you today: converted Coca-Cola bottling plant to a beautiful Art Deco hotel, movie theatre, food hall, fine dining...that's just one block3) IU Health (near Northside) announced in January a $4.3B expansion, making it the largest of its kind in the United States history4) Elanco - a subset of pharmaceutical giant, Eli Lilly (also HQ here) - broke ground last summer on their project, which will employ 100k people, valued at $160M.Indianapolis is no longer the sleepy "Nap Town" that you remember from the 90's.

Some suburbs, Miranda said, may wish to convert the campuses into a carefully planned “mini-town.”Some buildings could be renovated to accommodate multiple tenants.Miranda said that about the only type of company that remains committed to the suburban campus environment are pharmaceutical firms such as Abbott Laboratories or Astellas, which opened a new U.S. headquarters in Glenview.

Because there is so much high value land in Richland County that doesn't bring in tax revenue, think University of South Carolina and government buildings, they make it up by charging the remaining land owners higher taxes.You will find more favorable tax scenarios  in surrounding counties, like Lexington, which is a major reason industry moves there(Amazon, Nephron Pharmaceuticals, etc).   

Lebanon, IN is a great secondary Indianapolis market, and one of Indy's biggest employers: Eli Lilly pharmaceuticals just announced they are building a 2.1 billion dollar manufacturing plant there that should bring a multitude of new jobs.

This is exactly what they do every day in the medical device and pharmaceutical industries. 

Batteries and Pharmaceuticals are great examples.Looking at the flow of shipping containers, it's going to be a while until China will be able to get back into the bulk export business, even if they magically get their workers back to work.

There are also a lot of companies moving to CA, such as the major pharmaceutical companies all setting up new R&D centers in south San Francisco.I have worked for major pharmaceutical in east coast and start ups in Bay Area.

I retired early from my pharmaceutical sales job at age 59yrs.

If you are a pharmaceutical company who spends lots of $$ on R&D you keep debt low so if a drug flops you can limp along until the next drug hits the market.