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.

* This just in... $12 million contribution to Leader Durkin, $2 million to Munger
* Reader comments closed for the weekend
* *** UPDATED x2 *** Duckworth doesn't play in Peoria
* *** UPDATED x1 *** Let's be careful out there
* Question of the day
* SUBSCRIBERS ONLY - Political events calendar
* *** UPDATED x1 *** What today's cyber attack could mean for election day
* Rewriting history
* Army Corps of Engineers taking back state park
* Fire everything!!!
* More horrible pension news
* More flowery Madigan praise from Bradley
* Because... Madigan!
* Looking on the dark side
* Lawyers: Mayor Emanuel is "not a policymaker for the city"
* Duckworth has huge cash advantage
* SUBSCRIBERS ONLY - Supplement to today’s edition and a campaign roundup
* Good morning!
* 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

* Blass leaks Long Island project, the Huawei Mate 9 Pro
* AT&T buys Time Warner for $85 billion
* Let’s chat Nintendo Switch and LeReactions to LeEco Le Pro 3 | #PNWeekly 223
* Should Microsoft give up on Windows 10 Mobile?
* Google makes it easy to get screen replacements for the Pixel and Pixel XL
* Don’t expect to see any more modular smartphones from LG
* Siri and Pixel's Google Assistant Compete Side-by-Side in New Video

* Getz to oversee White Sox Minor Leagues
* Getz to oversee White Sox Minor Leagues
* International draft stands to benefit White Sox
* Davidson reflects on 'whirlwind' 2016 season
* Starting pitcher rankings: White Sox have four of them
* Podcast: 2016 Chicago White Sox Infield Review
* White Sox Rumors: Sox hire Chris Getz as new Director Of Player Dev...


Main Menu
Pundit rankings
Subscriber Content
Blagojevich Trial
Updated Posts

October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
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


* Rauner administration awards 1100 non-union wor.....
* Labor groups backing anti-Rauner super PAC - Th.....

* Overjoyed Chicago Cubs fans turn attention to World Series
* Cubs beat Dodgers 5-0 to reach 1st World Series since 1945
* Cubs fans celebrate team's 1st World Series berth since 1945
* EXCHANGE: A secret and forgotten life still lives in letters
* Little Calumet clear for paddling for 1st time in decades
* EXCHANGE: Sterling Toastmasters Club celebrates 60 years
* The Latest: Cubs fans hit the streets after NLCS victory
* Rauner administration awards 1,100 non-union workers bonuses
* Rauner administration awards 1,100 non-union workers bonuses
* Chicago woman faces federal charges in alleged ticket scam

* Statehouse Insider: Tomorrow's a new day; in Illinois, that may not be good
* Cook County lawyer who posed as judge criminally charged
* 1,100 non-union state workers getting $3,016 bonuses
* Springfield veteran honored for volunteer work
* Central Illinois soldier killed in Afghanistan
* Rauner administration awarding more than $3 million in bonuses to non-union workers
* SIU injury-prevention program reinstated through stopgap budget
* Survey: 386 state jobs could relocate to Springfield
* SIU injury-prevention program reinstated through state's stopgap spending plan
* Illinois unemployment rate holds at 5.5 percent

* Like our roundup? Share it around.
* AT&T buying Time Warner in $86 billion deal
* It's official: AT&T buys Time Warner for $85 billion
* There's a new way to replace old gas mains—but not in Chicago
* Is Neapolitan's Kelly Golden the new reigning queen of fashion?

* 1 critical after Little Village shooting
* Man shot in South Austin
* 17-year-old boy shot in Little Village
* Man shot in Austin
* Man shot on North Side
* Today at Chicago International Film Festival: ‘The Handmaiden’
* Man shot, critically wounded in Brighton Park
* Aerial surveys, Illinois and Mississippi rivers: Yetter’s blog
* Police: Man shot to death in Lawndale
* Young man, “Express yourself,” and big bass: Fish of the Week

* Pioneer Press Class 7A football playoff preview
* Donald Trump's 'nasty woman' remark adds to woes with female voters
* Four killed, 11 wounded in citywide shootings
* Steve Bartman should throw out first pitch at Wrigley
* Hillary Clinton takes fight to Arizona, long a Republican stronghold
* The Cubs have a plan for the ages
* Comic's comic Kevin Meaney has died at age 60
* Observations from the Blackhawks' 5-4 shootout victory over the Maple Leafs
* For former Cubs, National League pennant 'a mind-blowing experience'
* 2 blasts hit Japanese city, killing 1; suicide suspected

The widget AQL4JYGHIY powered by Feed Informer does not exist.

* Our Opinion: With poor choices, Clinton gets nod for president
* Statehouse Insider: Tomorrow's a new day; in Illinois, that may not be good
* Bernard Schoenburg: DelGiorno apologizes for backer's vulgar Facebook post
* Cooler temperatures lead to greater needs
* Women for Women tops half million mark
* Cook County lawyer who posed as judge criminally charged
* 1,100 non-union state workers getting $3,016 bonuses
* Springfield veteran honored for volunteer work
* Central Illinois soldier killed in Afghanistan
* Charles Krauthammer: My vote, explained

* Extra: Senior living in central Illinois
* Ambulance Director gets new contract; new Regional Superintendent of Schools No. 30 named
* Recycling event brings new life to tires
* PFOP: Dual church membership headache for Stevenson
* Oct. 23 Bob Asmussen Top 25
* Illinois Civil Air Patrol squadron assists FEMA with disaster relief In NC after hurricane
* Look ahead: Top picks from Melissa Merli for the week to come
* Don Follis: Voting with your life is ultimate test for humility
* Voices: The rabbit and the penknife
* John Roska: Cameras of media OK in many Illinois courts

* Purdue University's football season impacts local economy
* Bill Murray to receive humor prize at Kennedy Center
* Democratic hopeful aims to unseat Hawaii's only GOP lawmaker
* Younger, diverse voters are reshaping California politics
* Mundelein high school sued in connection to teen's suicide

* 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

* Photos: State's Attorney Glasgow, Senator ......
* Durbin Joins Women for Clinton Group - FOX......

* Should A Stroke Disqualify A Candidate? - ......
* Dems count on Duckworth 'W,' Kirk predicts......

* Morning Minute: NAR identifies top home buyer and seller trends over last 35 years
* Illinois REALTORS® give Rep. McAuliffe IE support
* They've Got The Power, They've Got The Speed, To Be The Best In The National League
* Chicago #Cubs championship history #postseason
* EXTRA: It’s about time!!!
* Walls closing in on Rhonda Crawford. What should the sanction be?
* Gooseberry Playlot Nears Completion On Malden
* Treasure Island Foods Slated As Anchor Retail Tenant of Maryville Development
* Where's Weyermuller?At #P**ssygrabsback protest at Chicago's Trump Tower
* Top IR picks for third week of October 2016

* Illinois EPA Sponsors Interactive Environmental Education Event with Riverton Elementary School - Riverton Third and Fourth Graders “Dive In!” to Celebrate the Environment
* Illinois Department of Veterans’ Affairs Honors Veteran Mr. George Pempek
* Illinois Partners with State of Telangana, India to Strengthen Smart State Initiatives - State to state agreement to accelerate opportunities and service to citizens
* Illinois EPA Announces Vehicle Emissions Testing Network Updates - New Contract to Offer More Efficient, Less Expensive Tests
* Annual Training Underway For Gas Station Owners, Service Technicans

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