Springfield– After being alerted to the opportunity by State Senator Chris Lauzen (R-Aurora), State Senator Dave Koehler (D-Peoria) introduced legislation to help convince Orascom Construction Industries to build a new fertilizer manufacturing plant in Peoria County, which will bring 165 to 200 permanent jobs and 1,000 construction jobs to the area over a two year period.
Orascom is currently considering sites in both Illinois and Iowa. To make Illinois more attractive to the company, Koehler is sponsoring legislation that makes Illinois’ incentive package on par with Iowa’s.
“This legislation is sending Orascom, an agricultural fertilizer company, a clear sign that we want them to come to Peoria County,” Koehler said. “Our state is open for business, and we want to work with companies like Orascom to create good manufacturing jobs here in Illinois.”
The proposed $1.6 billion plant will produce ammonia, urea, and other nitrogen fertilizers to sell to Midwestern farmers. The presence of the Orascom facility will save Illinois farmers significant money on fertilizer due to lower transportation costs.
Koehler has been working with Peoria County officials, the governor’s office, and legislators from both chambers and both sides of the aisle to reach an agreement that will bring Orascom to Illinois.
“I’m immensely proud of the work everyone has done in a very short timeframe to compete for this economic development opportunity. This would be a historic private investment in Downstate Illinois,” said Peoria County Board Chairman Thomas O’Neill III.