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Jul 27, 2017

Midwest Fertilizer Company LLC

Midwest Fertilizer Company LLC announced another step forward in its plan to establish a $2.8 billion state-of-the-art manufacturing plant in southwest Indiana. Construction of the facility, which will begin in 2018, is expected to support more than 2,500 jobs, and the company plans to create up to 185 new, high-wage jobs by the end of 2021. 




“From regional investments to our long-term plan for improving the state’s network of roads and bridges, Indiana is an active partner with the business community in supporting economic growth,” Governor Eric J. Holcomb said. “I offer my enthusiastic support for Midwest Fertilizer’s plans to advance in southwest Indiana, and I look forward to seeing increased high-quality job opportunities for Hoosiers.”

 




Midwest Fertilizer will construct a major nitrogen fertilizer production plant on 220 acres in Posey County to serve farmers throughout Indiana and across the Midwest region. This new facility will be a major source of U.S.-produced fertilizer, working to reverse the need to import nitrogen fertilizers from overseas. In recent years, more than 50 percent of U.S. nitrogen product consumption has been imported. With operations expected to begin in 2022, the facility will produce about 2 million tons annually of ammonia, urea ammonium nitrate solution (UAN) and diesel exhaust fluid (DEF) – a diesel engine additive that reduces diesel exhaust emissions. 

The $2.8 billion project is one of the largest fertilizer manufacturing investments in the U.S. in more than 20 years. According to economic impact calculations by the Indiana Economic Development Corporation (IEDC), the construction of Midwest Fertilizer's plant alone is expected to have an economic impact of $425 million and, at full employment, the company's operations are expected to have a total economic impact of $138.6 million annually on state and local GDP while creating an additional 550 jobs throughout the region to support the expansion*. 

“Midwest Fertilizer strongly believes Southwest Indiana is the right place to build our state-of-the-art fertilizer plant. We are extremely appreciative of the strong working relationship we have enjoyed with the the state, as well as the overwhelming support from Posey County and southwest Indiana,” said Les Wright, president and chief executive officer of Midwest Fertilizer Company LLC. “Our $2.8 billion manufacturing facility will supply a high-quality, reliable source of fertilizer to farmers in Indiana and throughout the Midwest region.”

Midwest Fertilizer will begin hiring for management, administrative and operating positions in 2018 and 2019, with plans to be fully staffed by 2021. New positions are expected to offer competitive salaries, averaging more than double the state’s average wage of $21.52/hour. 

“We are excited about the progress of Midwest Fertilizer and the support from the state of Indiana,” said Jim Alsop, president of the Posey County Commissioners. “We look forward to the number of jobs Midwest Fertilizer will bring to our community and the economic boom it will provide to the entire Southwest Indiana region.”
 
Midwest Fertilizer is a new U.S. company to be owned by multinational investors, including Pakistan-based Fatima Group, which is a leader in the south Asian fertilizer industry. The new facility will incorporate the latest technologies to ensure safety for workers, the community and the environment, and has earned support from the U.S. Department of Defense.

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