Tazewell Eyeing Hopeful Monsanto Expansion
By: Eugene Daniel
Updated: March 1, 2013
PEKIN - Tazewell
County is making a play for a possible Monsanto expansion.
The
agricultural company is considering a $20 million expansion, but has not
decided if or where it would do it.
In case Monsanto does
expand, the Tazewell County board submitted a proposal this week to lure the
company to the area. It purchased Precision Planting, a company near Tremont, last
year.
The county is offering
a five-year tax abatement program and says it would match what any other
municipal county would invest.
"We understand
they've got a lot of considerations. We want them to know that we value their
presence here and we want to be a good partner with them, to be successful. And
we of course recognize the benefit that that would bring to the area," said
Tazewell County administrator Michael Freilinger.
An expansion could mean
more than thirty new jobs.
