By Valerie Werkmeister
The final site for the Paskistani-based Fatima-owned Midwest Fertilizer plant came as a surprise on Thursday afternoon as the announcement was made. The plant will be built on a plot of land at the intersection of Mackey Ferry Road and Sauerkraut Lane in Mount Vernon. That is near WSI, Inc., just a half-mile from the current site of SABIC Plastics and just west of Mount Vernon.
The $2.1 billion project is expected to create 200-plus high paying jobs as well as 2,500 construction jobs during the first three years.
Construction is expected to begin next year and be completed in 2017. The State of Indiana ended its role in Midwest fertilizer project financing back in June. But Posey County officials, spear-headed by Economic Development Director John Taylor, sought and found alternative financing plans for the plant as well as the construction jobs and permanent jobs that go along with a project of this magnitude.
In June Indiana Governor Mike Pence said the Department of Defense officials could not independently confirm the Fatima Group’s promise to replace their current fertilizer in Pakistan with a formula less susceptible to misuse by hostile forces in the region.
The county council reissued $1.3 billion in disaster relief bonds to the county’s Economic Development Commission to move the project forward.
Prior to the announcement of the site of the plant, Economic Development Director John Taylor gave an update on the status of the Midwest Fertilizer Plant locating in Posey County during the October 8, Posey County Council meeting.
Taylor advised council members…
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