Fertilizer company moves forward with $2.8B project in Indiana
A fertilizer company in southwest Indiana is moving forward with a $2.8 billion project with the help of state incentives.
Midwest Fertilizer Co. will begin construction on its Posey County manufacturing facility next year, the Evansville Courier & Press reported. Construction is projected to support more than 2,500 jobs.
The state Economic Development Corp. has offered the company up to $2.9 million in conditional tax credits, up to $400,000 in training grants and up to $300,000 in conditional incentives. The performance-based incentives require the company to create jobs and invest in the state.
Pakistan-based Fatima Group is one of the company's main investors.
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