SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
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        


8 Comments
  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.


* So far, it's a complete news blackout
* Stand down, lefties
* Today's number: $379 million
* Local 150 spending "six figures" on Libertarian candidate
* More on McKinney
* Rauner, GOP matching Madigan's money in House races
* SUBSCRIBERS ONLY - Supplement to today’s edition
* Down, but not out
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Good morning!
* *** UPDATED x1 - Quinn campaign responds *** Rauner campaign responds to firestorm over Sun-Times reporter's sidelining
* New Quinn ad hits Rauner on nursing homes
* *** UPDATED x1 *** Sun-Times sidelined reporter after Rauner campaign intervention
* *** UPDATED x2 *** Quinn campaign responds to Sun-Times endorsement decision
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............


Search This Blog...

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

Search the 98th General Assembly By Keyword

          
        * iOS 8.1 With Apple Pay Now Available, Here’s What Else It Brings To Your iPhone And iPad
        * Deeplink Rolls Out Developer Tools That Make Apps More Interoperable
        * OnePlus gets ready to open One pre-orders next week
        * HTC Android 5.0 Lollipop update timeline tipped
        * Apple, Spotify aim to push streaming prices down
        * Giftgaming Gives You Power-Ups In Exchange For…Giving You Real-World Discounts
        * Microsoft Wants You To Doodle As You Scoot

        * iOS 8.1 is now available for download.
        * How to Turn Your Laziness Into Efficiency
        * Dropbox Gets Touch ID Support For Both New iPhones
        * Japan Crate Sends You Sweet Japanese Candy Every Month
        * Spotify now offering family plans
        * Samsung 4K on a Budget, Gunnar Optiks, and More Deals
        * OnePlus Finally Moves Beyond Invites With Pre-Order System

        * Lost in Isolation: A White Sox fan abroad.
        * Pnoles' 2014 White Sox offseason plan
        * Former White Sox star Rowand excited for 'little' cousin Shields
        * The South Side Sox 2014-15 White Sox offseason plan project
        * Sox coaches get to know young players in Glendale
        * The longest White Sox home runs of 2014
        * Alexei Ramirez remains top shortstop at turning two


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        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

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Does Pat Quinn Have a Personal Life? - Chicagom.....
        * Cousin Pookie is back! And yes, he is still sit.....
        * Chicago Sun-Times' Bruce Rauner endorsement sud.....
        * Storm brewing over Chicago Sun-Times' sudden en.....
        * Gubernatorial Shakeups Loom Amid Elections..
        * U of Illinois sees turning point as election nears..
        * New Poll Suggests Independent Voters Will Decid.....


        * Indiana man's confession leads to 7 bodies
        * Obama casts his vote early in Chicago
        * Mayor says suspect in 7 deaths is sex offender
        * Former county treasurer gets 4 years in theft case
        * $1M bond for Peoria woman accused of stabbing man
        * Next Illinois governor debate: Things to Watch
        * Mississippi River bridge closed until Friday
        * U of Illinois sees turning point as election nears
        * Central Illinois teens to serve as election judges
        * Waukegan teachers strike goes into 3rd week

        * What to watch for in third governor debate tonight
        * U of I sees turning point as election nears
        * Chicago Sun-Times endorses Rauner for governor
        * Sun-Times, Belleville, Champaign, Peoria newspapers endorse Rauner for governor
        * Bill Clinton to address workers at pro-Quinn rally
        * Body camera use concerns Illinois police officers
        * Illinois unemployment rate falls again, to 6.6 percent
        * Panel to look at body cameras in eavesdropping law discussion
        * Phil Luciano: Company paying surrounding counties to support Logan Co. marijuana growing center
        * Parties donate big to area legislative races

        * Sears leasing big chunk of store space to clothing chain
        * Railroads scrap merger talks
        * How this exec hopes to strike it rich in water, again
        * Two local businesses profit from a jump in skydiving
        * Emanuel, Preckwinkle clash over mandatory minimums


        * Convicted sex offender in custody after 7 bodies found in NW Indiana
        * Dr. Lawrence Solomon: Renowned dermatologist, book collector loved a mystery
        * Time to get ahead of Ebola
        * $500K bail for woman charged with fatally stabbing boyfriend
        * Scholar’s take on bishops’ synod: ‘Amazing days if you’re a Catholic’
        * In Denver, ‘budtenders’ sell legal pot to clients
        * Obama asks Dems at South Side rally to vote for Gov. Quinn
        * Editorial: Bruce Rauner for governor
        * Sneed: City Treasurer Stephanie Neely is pulling the plug on her job
        * Editorial: Why we are back in the endorsement business


        * Convicted sex offender identified as suspect in deaths of 7 women
        * City Treasurer Neely stepping down
        * 14 injured in Dan Ryan crash involving school bus
        * Obama to cast ballot as early voting begins
        * Wonder Lake man dead in Bull Valley crash
        * As CSO lands in Warsaw, a 20-year wait ends
        * 2 killed when vehicle hits police car, slams into building
        * Chicago cop's suicide tied to stress over lawsuit
        * Heroin fight a hot topic in DuPage sheriff's race


        * UIS Poverty Series Continues With "American Winter" Screening
        * Third & Final Governor Debate Tonight
        * Politicians On Parade
        * Are Computer Keyboards Killing Cursive?
        * Earlier Than Ever
        * Listen to State Week - October 17, 2014
        * The health problems facing rural and urban poor in Illinois
        * 'Deliverance' Actor Plays Folk Music In Springfield
        * Are Chicago's shorter yellow lights unsafe, or just unfair?
        * Delay In Fracking Regulations Spurs Lawsuit


        * What to watch for in third governor debate tonight
        * U of I sees turning point as election nears
        * Our Opinion: Re-elect Durbin for another term in U.S. Senate
        * Bill Press: Do you trust your government on Ebola?
        * Quote of the Day: Monday, Oct. 20, 2014
        * Our Opinion: Rodney Davis has earned another term
        * Bernard Schoenburg: CWLP’S Burns considers run for city treasurer
        * Rep. Mike Smiddy: Improving care for those fighting breast cancer
        * Deckle McLean: Party imbalance falls along urban, rural lines
        * Statehouse Insider: Does he wish he hasn’t asked that?


        * Monday Oct. 20 government meetings
        * 10-20-14 Monday Morning Quarterbacks
        * Milan issues boil-water advisory
        * Sunny with a high near 63 degrees this afternoon
        * Self, Weber to attend McClain memorial
        * Central Illinois Business 10-18-2014
        * Boil order issued for Murphysboro
        * Early voting begins in Illinois on Monday
        * Tickets for 12th Congressional District still available today
        * 20 seats on county boards up for grabs in St. Clair, Madison counties


        * Berlin rejects DuPage clerk candidate's request for investigation
        * 22-year-old Wonder Lake man dies in Bull Valley crash
        * Oscar Pistorius to finally learn his sentence
        * Boston bomb case judge wants 1,000 juror summonses
        * Indiana man's confession leads to discovery of 7 bodies

        * Patrick Cannon defense strategy rare but n...
        * Feds fine Jesse Jackson Jr.'s campaign com...
        * Ex-Congressman Jesse Jackson Jr. faces sen...
        * Representative Jan Schakowsky Sends Letter...
        * Rep. candidate pushes to uphold marriage b...
        * Reps. Schakowsky and Waxman Introduce Bill...
        * Statement by Representative Jan Schakowsky...
        * U.S. House Passes Resolution Condemning An...
        * FAA Rejects Call For New O'Hare Noise Stud...
        * Representatives Quigley, Duckworth, Schako...

        * Immigration Reform Update: Senate Democrat......
        * Immigration Reform Update: Senate Democrat......
        * Menendez Joins Senate Democrats to Press D......
        * Menendez Joins Senate Democrats to Press D......
        * Menendez Joins Senate Democrats to Press D......

        * Obama to Bypass Congress on Easing of Iran......
        * Kirk Challenges Local Entrepreneurs to Mak......

        * Schilling: Stop Commercial Flights Into and Out of Sierra Leone, Liberia, and Guinea
        * Need money to grow cannabis? New financier enters Illinois market
        * I Fight Surveillance
        * SportsMonday: Brandon Marshall Is Unacceptable
        * Ed Gillespie and Jim Oberweis: Victims of "Ratchet Republicans"
        * Police Admit to Roving Gangs Randomly Beating People in Champaign Urbana
        * Northern Illinois Patriots Feature Lake Co. Candidates Sheri Jesiel, Carla Wyckoff
        * ICJL releases rating of judges in Central Illinois
        * Poll: 64% Say Things In America Are Completely ‘Out of Control’
        * DePaul University Testing 'Queer Peers' Mentorship Program


        * What They’re Saying About Pat Quinn
        * What They’re Saying About Bruce Rauner
        * Rauner Sweeping Endorsements Across Illinois
        * Belleville News-Democrat Endorses Rauner
        * Champaign News-Gazette Endorses Rauner




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