Fertilizer Plant 'Building Momentum' in Posey CountyPosted: Updated:
The company behind a proposed massive fertilizer plant in southwest Indiana has signed a letter of acceptance to move forward with county incentives. If approved, the Midwest Fertilizer Corp. facility would create 2,500 construction jobs and 200 permanent positions. Posey County Economic Development Partnership Executive Director John Taylor says the project would likely lead to other business, including maintenance and trucking companies. The state withdrew support for the proposal earlier this year. Taylor believes the majority of Posey County residents are in favor of the project, despite Governor Mike Pence pulling state support earlier this year. The move followed concerns about Pakistan-based Fatima Group, which owns a portion of the company, not fully cooperating with a federal operation to eliminate improvised explosive devices in Asia.
He says the employees hired by the plant will earn a salary of about $58,000 per year, which is about $4 per hour more than the county average. Taylor believes local support has been strong because the company would create "jobs everybody needs."
The project must still receive a federal air permit to move forward. If the plan is approved, Taylor says construction will begin in the first quarter of 2014 and last about three years.
Source: Posey County Economic Development Partnership