CHAMPAIGN, Ill. — The company planning to build a $1.2 billion fertilizer plant in Iowa or Illinois says it will choose between the two competing sites in 30 to 60 days.
Illinois Gov. Pat Quinn on Thursday signed legislation to provide incentives to Cronus Chemical LLC if it decides to build in Tuscola. Perks promised to the company are reportedly worth about $30 million. Iowa has already offered subsidies reportedly worth about $35 million if the company builds in Mitchell County, Iowa.
David Lundy is a spokesman for Cronus. He said the company now will look at factors such as construction costs. The plant would employ about 150 people and create more than 1,500 short-term construction jobs.
Brian Moody leads economic development in Tuscola. He believes the town has a good shot.