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.


* Reader comments closed for the weekend
* No pension bump for Stermer, MJM still not persuaded on special session
* SUBSCRIBERS ONLY - More comptroller stuff
* 1:30 comptroller announcement expected - Stermer appointed, says he will resign January 12th
* SUBSCRIBERS ONLY - Comptroller stuff
* Golden Horseshoe Awards
* Bears open thread
* More adventures in misgovernance
* Question of the day - Golden Horseshoe Awards
* Petulance all around
* 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

          
        * Oppo R5 vs HTC One M8: Thin vs. Powerful
        * Bring Back the Old School with the NES30 Bluetooth Controller [DEALS]
        * OnePlus One mini, BlackBerry Classic, Windows Phone ups & downs | Pocketnow Weekly 127
        * Get off the fence and go get a smartwatch
        * Apple Watch retail, Android Wear Lollipop, Nexus 6 comments & more – Pocketnow Daily Recap
        * Our 5 favourite new Windows Phone apps of the week
        * White elephant: There's a reason they give this advice away

        * Orkut, we hardly knew ye: 10 tech products we lost in 2014
        * This Week's Top Downloads
        * The Happiest Companies to Work For, According to CareerBliss Reviews
        * Amazon and Netflix Run Full-Page NYT Ads to Push Their Big-Money Web TV Shows
        * Patch My PC Updates Tons of Windows Programs At Once
        * Your Partner's Likes and Dislikes Change Over Time, So Keep Up
        * Try An Oil Alternative for Tastier (or at Least Different) Brownies

        * Williams: Make protesting voices heard through vote
        * Williams: Make protesting voices heard through vote
        * White Sox also had a December to remember 100 years ago
        * Terrerobytes: Future of Cuban baseball complicated on both sides
        * White Sox sign George Kottaras to a minor league deal
        * Kottaras to join White Sox with Minor League deal
        * Loss of Draft picks viewed as good trade for White Sox

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


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

        Archives
        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

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Havenstein to New Hampshire Supporters: 'You In.....
        * Bernard Schoenburg: Rauner talks of dogs, housi.....
        * Mother speaks at slain Chicago teen's funeral..
        * Who deserves thanks for 2014 — and who doesn't..
        * Only thing even Rahm Emanuel can't fix: Da Bears..
        * Public Pensions Are America's Greece..
        * Latest Illiana tollway step a heartbreaker to some..


        * Mother speaks at slain Chicago teen's funeral
        * Chicago mayor's teenage son mugged near home
        * 2 dozen injured in southern Indiana bus crash
        * Illinois farm groups foresee market growth in Cuba
        * 2nd Illinois prison with possible chickenpox
        * Stolen laptop held Northwestern patient data
        * 2 charged with stealing from Salvation Army bucket
        * US criminal probes nab 13; race questions raised
        * Quinn signs bill increasing juror pay
        * Gov. Quinn names comptroller to replace Topinka

        * State treasurer employees get raises, stipends as Rutherford’s term comes to end
        * Springfield-based U.S. attorney’s investigations nab 13; race questions raised
        * 2nd Illinois prison with possible chickenpox
        * Quinn signs bill increasing juror pay
        * Quinn names longtime aide Jerry Stermer comptroller until Jan. 12
        * Quinn signs law to nix deadline for asbestos lawsuits
        * Quinn to name comptroller replacement this afternoon
        * Madigan says T-Mobile settlement shields consumers
        * Quinn calls legislature back to Springfield to approve special election to replace Topinka
        * Audit: DCFS loses track of runaways

        * Can Garcia's run for mayor fire up independents?
        * Chicago's newest workout (and personal statement) options
        * A photo shop for photographers
        * The Life of Patrick Ryan: Act II, Scene 2
        * Office conversions kick small firms to the curb


        * Lakeview pot dispensary on hold; Tunney opposes Halsted location
        * Despite community pleas, CPS puts Dyett HS out for proposals
        * Quinn to appoint new Illinois Comptroller today
        * Gov. Quinn appoints longtime aide as Illinois comptroller
        * Watch: President Obama's year-end press conference
        * Rewriting the Sony cyberattack script
        * time for new course in Cuba
        * Are Rahm's numbers creeping up? New internals show him near 50
        * Obama guidance, press schedule, Dec. 19, 2014. Press conference
        * A whole lot of nothing from the City Council


        * At least 2 shot since Saturday evening
        * FBI: 'Play-Along Bandit' hits 6th bank
        * Emanuel's son robbed near family's North Side home
        * Man dies day after Albany Park shooting
        * Demario Bailey funeral: 'The kids are the world. It starts with them'
        * DNA leads to murder charges in 1994 stabbing
        * 1 dead, 16 injured in separate shootings
        * Officials: Child at U. of C. tests negative for Ebola
        * Officials: Two Bartlett students hacked into Elgin district portal


        * Listen to State Week - December 19, 2014
        * Quinn Picks Budget Chief To Be Temporary Comptroller
        * 'Uber-gentrification' a force in Chicago's West Loop
        * Durbin leaving Congressional roommates behind
        * Worries rise in Russia as ruble falls
        * Improviser finds purpose in Chicago police mental health crisis trainings
        * Chicago 'petcoke' handler says it'll enclose piles
        * Waukegan woman seeks to trademark 'I can't breathe'
        * Obama re-establishing US relations with Cuba
        * Teaching hospitals hit hardest by medicare fines for patient safety


        * Quote of the day: Sunday, Dec. 21, 2014
        * Bernard Schoenburg: Rauner talks of dogs, housing and the work ahead as governor
        * State treasurer employees get raises, stipends as Rutherford’s term comes to end
        * Cathy Becker: Because it’s the right thing to do
        * T. Ray McJunkins: Justice, righteousness descend to fulfill dream
        * Springfield-based U.S. attorney’s investigations nab 13; race questions raised
        * 2nd Illinois prison with possible chickenpox
        * Sen. Dick Durbin: Clean water access bill honors Simon
        * Charles Krauthammer: How to fight the lone wolf
        * Quote of the day: Saturday, Dec. 20, 2014


        * Kids bring curiosity to dinnertime at Rock Springs
        * Food, gifts, necessities wrapped in volunteers' care
        * Police personnel give back as a holiday tradition
        * Pension board, others address Marion mayor's concerns of fraud among disability claims and little training for those granting approval
        * Goodfellow Fund 12/21/14
        * Saving Mr. Banks
        * Sunday Conversation: Mike Thomas
        * Free rides available for over-celebrating
        * Regular council meeting, workshop canceled
        * 1st Annual Holiday Light Show in Hoopeston


        * Women's Top 25 Capsules
        * Utah St shuts down UTEP 21-6 in New Mexico Bowl
        * WW South falters in second half
        * Huntley falters late against Marian Central
        * Spagnola steps up as St. Edward downs St. Viator

        * Congressman Mark Pocan Introduces Bill to ...
        * Rep. Jan Schakowsky: I Voted Against the R...
        * REP. DANNY K. DAVIS NOW SUPPORTS DR. WILLI...
        * Federal Bill Introduced to Ban Fracking on...
        * Representatives Pocan and Schakowsky Intro...
        * Representative Jan Schakowsky Statement on...
        * Representative Jan Schakowsky Statement on...
        * Danny Davis Defeats Robert Bumpers In Illi...
        * Rehab of Affordable Housing Building in Ol...
        * Representative Jan Schakowsky Statement on...

        * Hill Democrats taking aim at vapes...

        * GOP Sen. Lisa Murkowski Supports Gay Marriage...
        * Second GOP Senator Backs Gay Marriage...

        * Ready Aim Fire
        * Havana memories.
        * Walter Esler: “My brother walked from an empty room into a room full of people.”
        * Illinois Policy staff threatened with arrest at union-lead trainings
        * Governor-elect Rauner Visit with Latino Pastors
        * Governor-elect Rauner Visits with Latino Pastors
        * Illinois Policy staff threatened with arrest at union-led trainings
        * Organization claims Mark Kirk "Grubered" Illinois and America
        * With Frerichs victory, Dems move to merge Treasurer and Comptroller offices
        * O'Keefe and Stossel discuss investigative reporting and Illinois 'eavesdropping' law


        * Governor Quinn Appoints Jerry Stermer as Illinois Comptroller
        * Governor Quinn Calls Legislative Special Session - Governor Urges Legislature to Set Up 2016 Special Election for Comptroller
        * Governor Quinn Announces Illinois’ Unemployment Rate Hits New Low - Illinois’ Economic Comeback Continues; Unemployment Rate Falls to Lowest Level in More than Six Years
        * Illinois Ranks #1 in Volunteer Rate Among the Country’s 8 Largest States - 2.57 Million Illinoisans Give $7.2 Billion in Service
        * Law Enforcement, IDOT Make Final Push to Save Lives in 2014, Roadside Safety Checks Planned Over Holidays - New Episode of “The Driving Dead” Premieres Friday as Holiday Travelers are Reminded to Drive Sober and Buckle Up




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