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.


* Sun-Times Editorial: Exelon's Rate-Hike Proposal is a Bad Bill
* The government union angle
* State Of Extremes
* *** UPDATED x1 *** Question of the day
* Your daily "right to work" roundup
* Susan’s Story: A “Routine” Medical Procedure Goes Horribly Wrong
* Today's quotable
* Carbondale plans tax hike, budget cuts in face of threatened state slash
* Don Moss "in the waning moments of his life"
* Easier said than done
* *** LIVE *** Session coverage
* Caption contest!
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax
* 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

          
        * Surface Pro 4 rumors discuss possible hardware changes
        * Motorola takes a jibe at LG, points out they had a leather clad smartphone before them
        * Mophie Juice Pack for the LG G4 to increase battery life by 80%
        * Glimpse Notifications eliminates need to press power button
        * Micromax looking for investors in defense of Indian market
        * Mode Media Combines Its Websites Under A New Social News App
        * Lark puts food-logging on your wrist with new Apple Watch app

        * The Zebra Quickly Compares Car Insurance Rates from Over 200 Insurers
        * First New Dragon Ball Series In Two Decades Debuts This July
        * Bigcommerce Confirms First Acquisition
        * How to Read Your Coworker's Personalities for Better Collaboration
        * Ask an Expert Your Itching Questions About Bed Bugs Right Now
        * SoundCloud Podcasts Now Open To All
        * More Code Speakers: Target’s Cornell, Google’s Kordestani, CBS’ Moonves

        * Tonight's White Sox-Orioles game postponed
        * Tonight's White Sox-Orioles game in Baltimore postponed
        * MLB historically sensitive to outside turmoil
        * South Side Sox turns 10
        * Samardzija slated to take turn against Orioles
        * Amid protests, Manfred addresses Orioles, White Sox
        * White Sox agree with decision to postpone O's opener

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


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

        Archives
        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

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Reversal Rates at the Illinois Supreme Court By.....
        * Taking another run at remap—and taking it out o.....
        * Your daily “right to work” roundup..
        * Easier said than done..
        * State to extend Get Covered Illinois PR contrac.....
        * Illinois Governor Bruce Rauner Has Met the Enem.....
        * Today’s quotable..
        * State Roundup: Union memo: Management threatens.....
        * Chicago Family Business Council to Welcome Gov......
        * Rauner budget leaves gaping holes in Illinois' .....


        * State to extend Get Covered Illinois PR contract by 2 months
        * Group starts new effort to put redistricting on 2016 ballot
        * Chicago transit agency blamed for airport train derailment
        * Hospital: Chicago nurses call off strike, agreement reached
        * Alton woman gets 21 months in prison for $100,000 bank fraud
        * NTSB to determine cause of 2014 CTA train accident at O'Hare
        * Carbondale college professor arrested in student battery
        * Chicago men return from Nepal after experiencing earthquake
        * Freight train mishap delays Chicago-Indiana commute
        * US court upholds Chicago suburb's assault weapons ban

        * State to extend Get Covered Illinois PR contract by 2 months
        * Frerichs to scale back internship program after audit of treasurer's office
        * Nepal earthquake: Springfield doctors, adoptive family dealing with a disaster close to home
        * Local doctors, adoptive family dealing with a disaster close to home
        * Suburban Chicago mayors protest proposed budget cuts
        * Illinois budget cuts to affect students, sickle cell center
        * Billionaire Sam Zell gives $4M to Rauner's political fund
        * Illinois GOP targets political hiring; Democrats wary
        * Crib bumper bills bump heads in General Assembly
        * New state school superintendent says funding fix could take years

        * Watch a McDonald's takeout bag undergo an amazing transformation
        * U of C nurses call off strike, hospital says
        * Artfully avoiding taxes
        * University of Chicago Medical Center nurses set to strike
        * Obscure federal agency with a lot of dough comes calling in Chicago


          * Elburn cop charged in sexual assault of girl over 10-year period
          * Motorcyclist, pedestrian killed in crash in Plainfield
          * Chicago Heights woman injured in fire sues housing agency
          * NTSB cites operator fatigue, lack of safety equipment in CTA crash at O'Hare
          * Aldermen to voice opposition to right-to-work zones
          * NTSB to determine cause of CTA train accident at O'Hare
          * Wrigley fan hospitalized after struck by bat
          * Police investigate two-way mirror in Berwyn club's bathroom
          * Girl fighting cancer, sister to become honorary Chicago police officers
          * At least 6 former Schock aides now subpoenaed


          * Zion residents want body cameras for police officers
          * More than 3,700 dead in Nepal as earthquake's toll rises
          * On the streets of Baltimore, trying to understand the anger
          * More than 4,000 dead in Nepal as earthquake's toll rises
          * Lawsuit filed against Chicago police over stop-and-frisk
          * Chicago school cleaning contract millions over budget
          * Red light camera ban passes House
          * Method factory opens in Pullman
          * More than 1,000 local nurses plan a strike
          * Changes in taxi industry leave cab owners underwater


          * State to extend Get Covered Illinois PR contract by 2 months
          * Frerichs to scale back internship program after audit of treasurer's office
          * Nepal earthquake: Springfield doctors, adoptive family dealing with a disaster close to home
          * Kathleen Parker: With a song in prisoners' hearts
          * Marc Levine: Rauner has the solution for Illinois' pension problem
          * Suburban Chicago mayors protest proposed budget cuts
          * Illinois budget cuts to affect students, sickle cell center
          * Billionaire Sam Zell gives $4M to Rauner's political fund
          * Illinois GOP targets political hiring; Democrats wary
          * Crib bumper bills bump heads in General Assembly


          * Group starts new effort to put redistricting on 2016 ballot
          * Update: Suspect dead after hostage situation in Marion
          * UI student missing from Minnesota home found dead
          * 04-28-15 Penny for Your Thoughts
          * Public defender to seek state's attorney's seat
          * A moderating trend in temperatures ahead
          * 04-28-15 On The Money @PaulRuedi
          * Paper hearts to help Ronald McDonald Charities
          * New Sumatran tiger arrives at zoo
          * Sunny with a high near 71 degrees


          * Archbishop Cupich to lead Mass, dedicate altar Sunday at Des Plaines church
          * Daredevil Wallenda to walk on moving, 400-foot-high Ferris wheel
          * Elburn police officer charged with child sexual assault
          * Three Mundelein trustees honored as they conclude public service
          * Cougars' new patio area to debut at Friday's game

          * Bost Checks Out Traffic Safety Days
          * Poll: Bennet-Coffman race close -- Rubio l...
          * Ticket Sales Closing for Congressional Pra...
          * Milbank: Using Jesus to curtail reproducti...
          * Congresswoman Cheri Bustos checks in on Pe...
          * What’s happening
          * Study: Life Expectancy Determined on Your ...
          * National View: Dana Milbank — A House Repu...
          * Milbank: A House Republican steps to the p...
          * Bost is impressed by McKendree intern

          * Durbin announces $1.1 million investment i......
          * Democrats push for higher wages for Senate......
          * GOP Congress Learns to Fight for Life...
          * Capitol Hill Buzz: Dems push higher pay fo......
          * Murray, mom in tennis shoes in '92, stands......

          * Longtime West Michigan Republican leader p......
          * GOP Sen. Mark Kirk Rallies Supreme Court C......
          * US Lawmakers Chime In On Gay Marriage As S......
          * PA-Sen: Toomey’s Race Ranked #5 Most Vulne......
          * VA’s Peter to Paul plan riles Congress...

          * Chris Rock On The Disappearance Of Blacks In Baseball
          * Nerd Riot
          * March Illinois housing data reports available in Spanish
          * Rally At U Of C Following Passage Of HB 3932
          * Appeal Likely After Judge Upholds Highland Park Assault Weapons Ban
          * Hints for Managing Brokers to renew their licenses two days before the deadline
          * High rises’ high costs, part 3: Maintenance costs
          * Poll: After First 100 Days In Office, Rauner Approval Rating At 40%
          * The Cub Factor: Shawshanked
          * SportsMondayTuesday: Bulls Unraveling?


          * Illinois EPA and Boy Scouts of America Partner for Annual 20-Mile Lincoln Trail Hike - Lincoln Pilgrimage honors Abraham Lincoln’s 20-mile trek; Scouts pick-up litter along the scenic trail
          * IDPH Moves to Eliminate Meningococcal Meningitis - New Vaccination Requirements for Adolescents
          * YOUR ACTIONS MATTER! kicks off statewide as preparations begin for new server training law
          * Emergency Management Officials Launch Weather Alert Radio Contest - ‘Weather Alert Radios Save Lives’ contest promotes awareness; 100 radios to be awarded
          * IDOT Launches Statewide Listening Tour to Discuss Illinois Infrastructure Needs, Priorities





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