1 month ago from chicagobusiness.com
From from chicagobusiness.com:
A key downstate lawmaker is introducing a revised set of incentives for Archer Daniels Midland Co. that may clear the way for the agricultural giant to move its headquarters to Chicago while also requiring some new jobs in its current hometown of Decatur.
State Sen. Andy Manar, D-Bunker Hill, who represents the Decatur area, said an amendment to be filed to House Bill 2536 would require additional jobs both in Chicago and Decatur and regular hiring downstate in coming years lest Decatur slowly lose jobs through attrition. In exchange, the company would get a somewhat expanded package of Edge payroll tax credits behind the up to $1.2 million a year for 20 years that it originally had requested.
Mr. Manar, former chief of staff to Senate President John Cullerton, said the proposal has the support of ADM.