Kokomo Tribune; Kokomo, Indiana

Business

October 13, 2013

Site picked for SW Indiana fertilizer plant

Project moves ahead without state support.

MOUNT VERNON (AP) — A company backed by a Pakistani group has picked a site near the Ohio River in southwestern Indiana for a planned $2.1-billion fertilizer plant.

Midwest Fertilizer Corp. is seeking zoning approval from Posey County officials for a 219-acre site that is now farmland in an industrial area along the river just southwest of Mount Vernon, the Evansville Courier & Press reported.

The project faced doubts after Gov. Mike Pence in January pulled state support, citing concerns U.S. military officials had about fertilizer made by Pakistan-based parent company Fatima Group being used in explosives in Afghanistan.

But local leaders continued to back it, with county officials this summer approving $1.3 billion in bonds.

“Now they have a site, what this says to the public is ‘This is the real deal. We’re moving forward,’” said John Taylor, executive director of the Posey County Economic Development Partnership.

Project backers had originally wanted to build the plant to the east of Mount Vernon on property owned by the Ports of Indiana, but that location became unworkable after the state withdrew its support.

The Indiana Finance Authority originally issued bonds for the plant last year, but Pence suspended the state’s involvement over the Fatima Group concerns. Since then, U.S. military officials have said Fatima Group has improved product safety with changes to its supply chain and work on a less-explosive formula.

Midwest Fertilizer officials have said the Posey County plant would produce urea ammonium nitrate, which is a fertilizer not used in explosives. The plant is expected to have about 200 full-time workers once it starts production at the site about 20 miles west of Evansville.

Mike Chorlton, who is overseeing the project for Midwest Fertilizer, said the company is working to obtain state construction approvals and arrange financing. He said plans are for construction to start next spring.

___

Information from: Evansville Courier & Press, http://www.courierpress.com

1
Text Only | Photo Reprints
Business
  • Apple offering free recycling of all used products SAN FRANCISCO (AP) — Apple is offering free recycling of all its used products and vowing to power all of its stores, offices and data centers with renewable energy to reduce the pollution caused by its devices and online services. The iPhone and iP

    April 22, 2014

  • Truth is often unwelcome Jim Feelwright greeted me warmly as I entered the room: "Well, here he is, Mr. Negative." Since it was a friendly meeting, I borrowed a famous line from the movies: "You can't handle the truth." "You," he said, "just don't want to see what's really h

    April 20, 2014

  • Kokomo custard 02 An old-fashioned custard stand Frozen custard, according to Mike Hinkle, is pretty much ice cream with egg yolks mixed in. "It has 1.4 percent pasteurized egg solids," said Hinkle, the longtime owner of Kokomo Frozen Custard, 3107 S. Webster St. "It's basically the same thing as F

    April 20, 2014 6 Photos

  • Business briefs, April 13, 2014 Farm Bill disaster assistance Farmers can sign-up for disaster assistance programs, reestablished and strengthened by the 2014 Farm Bill, beginning Tuesday, Howard County Farm Service Agency Executive Director Lisa A. Wooten announced. The Livestock

    April 13, 2014

  • Reality not built on press releases John Quill made his annual spring appearance last week and may stick around for another few weeks. As we enjoyed a relatively warm afternoon on the deck, he asked: "What do you think about the state of the state now?" "Unchanged," I said. "Impossibl

    April 13, 2014

  • Next year's high-skilled visas snapped up in days WASHINGTON (AP) — Businesses seeking highly skilled workers from overseas took less than a week to snap up all 85,000 visas available for next year, the U.S. Citizenship and Immigration Services announced Monday. The agency had been accepting applic

    April 7, 2014

  • California firm acquires Zuna Infotech Newark, Calif. information technology firm Systems in Motion has acquired Kokomo-based Zuna Infotech, setting the table for a potential local business expansion. Systems CEO Neeraj Gupta, said the San Francisco-area firm's expansion model is looking

    March 30, 2014

  • The ideological battle continues The ideological battle continues By Morton Marcus Syndicated columnist

    March 30, 2014

  • BIZ - KT032314 - footgolf pic 3 Coming to Tipton Municipal: Footgolf The number of golfers keeps declining and the sport's gatekeepers haven't been able to find an answer for more than a decade. So the board at the Tipton Municipal Golf Course is embarking on an experiment, hoping the brand new sport called "footgolf"

    March 23, 2014 3 Photos

  • Wal-mart price match [Duplicate] Wal-Mart's new tool gives competitors prices NEW YORK (AP) — The "Every Day Low Price" king is trying to shake up the world of pricing once again. Wal-Mart told The Associated Press that it has rolled out an online tool that allows shoppers to compare its prices on 80,000 food and household pr

    March 21, 2014 1 Photo

Latest news
Featured Ads
Only on our website
AP Video
Bon Jovi Helps Open Low-income Housing in Philly Pipeline Opponents Protest on National Mall Hagel Gets Preview of New High-tech Projects S.C. Man Apologizes for Naked Walk in Wal-Mart New Country Music Hall of Fame Inductees Named 'Piles' of Bodies in South Sudan Slaughter New Yorkers Celebrate Cherry Blossom Blooms SCOTUS Hears Tv-over-Internet Case Justice Dept. Broadening Criteria for Clemency Chief Mate: Crew Told to Escape After Passengers 'Miss Meadows' Takes Holmes Back to Her Roots Biden: Russia Must Stop Talking, Start Acting David Moyes Out As Manchester United Manager Raw: Leopard Bites Man in India Iowa College Finds Beauty in Bulldogs High Court to Hear Dispute of TV Over Internet Stowaway Teen Forces Review of Airport Security
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller