SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
To subscribe to Capitol Fax, click here.
Quinn announces aid to move corporate HQ while ADM eyes Dallas

Tuesday, Oct 15, 2013

* Bloomberg

Archer-Daniels-Midland Co. (ADM), the world’s largest corn processor, is considering Dallas among other U.S. cities as it looks to move its global headquarters from Decatur, Illinois, according to a person familiar with the situation.

ADM’s site selection team visited Dallas on Oct. 8, according to the person who asked not to be identified because the talks are private. ADM executives visited other cities last week, including Minneapolis and Atlanta, and Chicago is also being considered, the person said. […]

Along with an international airport, Dallas and the surrounding region is home to several ADM customers including Kimberly-Clark Corp. and Dean Foods Co. Dallas is the ninth-largest city in the U.S. and the third-largest in Texas, according to the website of the Dallas Convention & Visitors Bureau.

* Meanwhile, the same governor who vowed to veto any bill which gave ADM any tax breaks to stay in Illinois made an announcement today…

Governor Pat Quinn joined FER-PAL Construction officials today to open the water main rehabilitation company’s new U.S. headquarters in Elgin, creating 50 new jobs. Governor Quinn’s personal involvement helped convince the firm to choose Illinois. This announcement is part of Governor Quinn’s agenda to drive Illinois’ economy forward and protect the environment by modernizing water infrastructure.

“FER-PAL joins a growing list of companies who are choosing Illinois to grow their business,” Governor Quinn said. “The company is also ideally situated to participate in the Clean Water Initiative, which is putting people back to work updating our water systems and infrastructure across Illinois.”

Governor Quinn met with FER-PAL CEO Shaun McKaigue and Toronto (Canada) Mayor Rob Ford when they traveled recently to Chicago. Later, Governor Quinn solidified the relationship with FER-PAL while visiting Mayor Ford in Toronto and convinced the firm to locate its U.S. headquarters in Elgin.

Quinn’s office says the company qualifies for an EDGE tax credit worth about $260,000 over 10 years.

* Also, remember SB 20? The proposal included a state subsidy to locate a massive fertilizer processing plant in Illinois. Quinn signed that bill into law in late July, after he vetoed legislative legislative salaries out of the budget because the GA supposedly wasn’t doing its job on pensions.

Update on that fertilizer plant subsidy

For the first time since the project surfaced in March, Gov. Pat Quinn and company officials said Illinois and Iowa aren’t alone in their pursuit of a $1.1 billion fertilizer plant.

In comments to reporters in Urbana, Quinn said Cronus Chemical LLC is still considering its options when it comes to building the facility near Tuscola in Douglas County, even though he’s already signed off on a multi-million dollar package of state tax incentives.

“We still have a ways to go. They have to make their decision,” the Chicago Democrat said.

However, he added that the site near Tuscola and one in northern Iowa may not be the only places under consideration for a urea production facility by the Delaware-based company.

The lesson may be that deals the governor negotiated and supports are A-OK while pension reform languishes. Deals he didn’t negotiate have to be stopped.

- Posted by Rich Miller        

  1. - wordslinger - Tuesday, Oct 15, 13 @ 11:12 am:

    I guess the pension “crisis” has been solved. Well done, everyone!

    Dallas is a real player on the world business stage. You can live large there, too. They’re the first legit competitor.

    And Gov. Glasses has a huge $500 million oil-money slush fund to shower on relocating businesses. He wouldn’t blink on $1.2 million a year.

  2. - Whatever - Tuesday, Oct 15, 13 @ 11:19 am:

    Do as I say, not as I do.

  3. - walkinfool - Tuesday, Oct 15, 13 @ 11:20 am:

    Word’s right. They’re the first real competitor.

    Not that near the grain belt, or the Board of Trade — but definitely a player in world business.

  4. - Tom Joad - Tuesday, Oct 15, 13 @ 11:30 am:

    The Fer Pal announcement is that 50 jobs will be created and the company is from Canada! ADM is creating no new jobs, just moving 100 jobs out of Decatur to Chicago. The lesson is don’t try to blackmail the state of Illinois.

  5. - Anon. - Tuesday, Oct 15, 13 @ 12:09 pm:

    ==The lesson may be that deals the governor negotiated and supports are A-OK while pension reform languishes. Deals he didn’t negotiate have to be stopped.==

    I suspect the lesson is that this governor will claim credit for any jobs “creation,” regardless. If it ever happens, he’ll claim credit for pension reform despited the fact that he hasn’t contributed anything of value to the project. And to Mr. Joad, ADM is talking about moving 100 jobs and creating 100 new jobs.

  6. - PoolGuy - Tuesday, Oct 15, 13 @ 12:16 pm:

    yes any company looking to relocate should give Dallas and Atanta a go. Dallas has good office rent, international aiport, no income tax. but again downtown Dallas and Atlanta not like Chicago. and Dallas heat no joke.

    oh, and you want a flight out of DFW to Beijing? no problem Mr. business flyer, we can connect you on a nonstop flight out of ORD… how bout dem Cowboys.

  7. - cod - Tuesday, Oct 15, 13 @ 5:10 pm:

    I doubt they really mean Dallas the city, they are probably talking about the upper income suburbs like Plano, which is full of corporate HQ and newer gated housing developments, kind of like Oakbrook or Naperville. Yes, hot in summer, but more than offset by mild winters with only occasional ice storms. Low income taxes for executives.

    A serious contender indeed.

  8. - Just The Way It Is One - Tuesday, Oct 15, 13 @ 7:05 pm:

    ADM eyeing EVerywhere, it seems, but will LAND (and many of its’ execs. KEEP their-already-purchased PROPerties and connections) in Sweet Home ChiCAgo…!

Sorry, comments for this post are now closed.

* Happy Thanksgiving!
* *** UPDATED x1 *** Five unanswered questions
* *** UPDATED x1 *** Question of the day
* Caption contest!
* Crossing the line
* Moody's warns Illinois
* The Credit Union Difference
* *** UPDATED x1 - Franks responds *** Uh-oh
* Then and now
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's blog posts

Visit our advertisers...







Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

* ZeroLemon battery cases for Galaxy Note 5, S6 Edge Plus now on Amazon
* [Deal] Save up to 50% off SwiftKey keyboard themes for Black Friday
* Mozilla doesn’t need Google’s financial support to keep going anymore
* Viber now lets you attach files, retrieve and delete sent messages
* [Deal] Need an activity tracker? Fitbit devices discounted by multiple retailers
* Cortana iOS beta starts heading out to first wave of testers
* [Deal] Save on these Quick Charge 2.0 chargers from Tronsmart

* Starting Pitcher Rankings: Chris Sale and Jose Quintana maintain st...
* Scouting profile: Adam Engel
* Alex Avila will try to shed limitations with White Sox
* White Sox program provides kids real chance
* Johnson solid candidate for White Sox rotation
* White Sox sign catcher Avila to one-year deal
* White Sox sign catcher Avila to one-year deal


Main Menu
Pundit rankings
Subscriber Content
Blagojevich Trial
Updated Posts

November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005


RSS Feed 2.0
Comments RSS 2.0


* Time for Rauner, leaders to get down to busines.....
* Rauner faces challenges in move to block Syrian.....

* EXCHANGE: Highland art teachers exhibit works on campus
* Police make arrest in killing of Chicago 9-year-old boy
* Mascoutah burglary victim shot in 1st night at new home
* Closing of 2 Illinois harness racing tracks opposed
* Landfill cleanup to idle Rockford area sledding hill
* Hunters find body of missing southern Illinois woman
* EXCHANGE: Augustana digitizing Hauberg glass plate images
* Rauner faces challenges in move to block Syrian refugees
* Illinois high court takes Moline company's tax break appeal
* Boone County jail inmate charged with attacking guard

* Local free community college plans may be template for U.S.
* Rauner faces challenges in move to block refugees
* Vendor Payment Program suspended due to budget impasse
* Rauner pardons man found innocent of 1999 attack
* Springfield jobless rate falls again, to 5.1 percent
* Springfield police chief sees problems with body cam law
* Lawsuit challenges Illinois ban on marijuana campaign money
* Number of Illinois inmates released on parole climbing
* Bryce Benton circulating petitions to challenge Sen. Sam McCann in GOP primary
* Executive Mansion roof repairs nearing completion

* Retailers ready for shooting protests
* Mag Mile tied up by protest over Chicago teen's shooting
* Review: Sociale in the South Loop
* Her Barbie was a lawyer. Now she defends victims' rights
* Meet the guy making money off your food scraps

* In wake of dashcam video, Emanuel must navigate political minefield
* White House under holiday lockdown after man jumps fence
* Trevor Daley turning the corner at both ends of the ice
* Rauner faces challenges in move to block Syrian refugees
* Brown: Simeon basketball players bring their A-game to court
* 16 reasons every Blackhawks fan should be thankful on Thanksgiving
* Blackhawks cool off Sharks; Kane extends point streak to 17
* Four more Laquan McDonald police dashcam videos released
* President Obama: ‘Disturbed’ by Laquan video, grateful for ‘peaceful’ protests
* Black leaders call for Supt. McCarthy to resign

* Fire officials: Boy fatally shot on West Side
* Live Blog: Mag Mile marchers protest Laquan McDonald shooting
* Hundreds close stores, march on Mag Mile to protest Laquan McDonald killing
* Man charged in slaying of 9-year-old Tyshawn Lee, warrant issued for second suspect
* Gliniewicz notoriety hangs over Fox Lake police's future

* Local free community college plans may be template for U.S.
* Rauner faces challenges in move to block refugees
* Vendor Payment Program suspended due to budget impasse
* Eugene Robinson: The GOP's political correctness dodge
* Douglas Holt: Woman's protest of Trump was misguided, inappropriate
* George Will: Muzzling pet advice another case of free speech erosion
* Bernard Schoenburg: Josh Langfelder took father's advice on election petition signatures
* Rauner pardons man found innocent of 1999 attack
* Springfield jobless rate falls again, to 5.1 percent
* Michael Gerson: The Trump effect, still 'understated'

* Tom's Mailbag, Nov. 27, 2015
* LIVE: Arcola wins state title
* Kids making oral history with StoryCorps holiday project
* #SundaySneak: Red Robin on the way?
* Closing of 2 Illinois harness racing tracks opposed
* Mascoutah burglary victim shot in 1st night at new home
* Chicago police arrest man in 9-year-old boy's fatal shooting
* Strikes on IS city, focus of international campaign, kill 8
* Protest over Chicago teen's shooting set for retail district
* Super Bowl of shopping starts

* Free community college plan in Chicago costs $3 million
* Romo out for year after 2nd collarbone injury of season
* Falcons' Freeman ruled out against Vikings with concussion
* Defense helps No. 4 Lady Vols outlast Albany 63-55
* Bills DT Williams out for season

* House lawmakers overcome hurdle on key tra...
* Rodney Davis talks funding with Bloomingto...
* The agency that fought Illiana gets a new ...
* Rep. Dold takes educational cruise down Ch...
* Lawmakers decry high turnover rate of VA h...
* CBD Oil, and politics
* Simon considering state Senate bid
* Killer Congressman Tom MacArthur trying to...
* Shutdown? State may not notice
* Rep. Bob Dold

* Letter: Sen. Durbin is right on refugee is......

* Opinion: Sen. Kirk must stand with crimina......

* If we are to get Goldman Sachs out of ESEA, we will have to be the ones to do it.
* Black Friday on North Michigan Avenue.
* Does America need a "council of elders"?
* Snow Money
* There's Snow Business
* Random Thoughts.
* ‘It’s beginning to look a lot like Christmas,’ several weeks ago!!!
* Chicago Teachers Union. “If we strike, we do so to protect our children,” says Karen Jennings Lewis.
* Resign.
* Don't Let The Turkeys Get You Down

* Emergency Management Officials, National Weather Service Encourage Winter Preparedness - November is Winter Weather Preparedness Month in Illinois
* Keep Your Family Safe This Winter - November through February are leading months for carbon monoxide related incidents
* Governor Takes Bill Action
* Illinois Department of Labor Director Hugo Chaviano Awards Governor’s Award for Contributions in Health and Safety to the Illinois Refining Division of Marathon Petroleum Company LP
* State Regulator Elected Treasurer of Interstate Medical Licensure Compact

    Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller