Midwest Fertilizer Company LLC has announced that its plans to establish a $2.8 billion manufacturing plant in southwestern Indiana are moving forward.
Construction of the facility will begin in 2018. The facility is expected to support more than 2,500 jobs. By the end of 2021, the company plans to create up to 185 new, high-wage jobs.
“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.”
The major nitrogen fertilizer production plant will be built on 220 acres in Posey County to serve farmers throughout the region.
It will be a major source of US-produced fertilizer – working to reduce the need to import nitrogen fertilizers from overseas.
More than 50% of nitrogen product consumption has been imported in recent years.
Operations are expected to start in 2022. The facility will produce about 2 million tons annually of ammonia, urea ammonium nitrate solution (UAN), and diesel exhaust fluid (DEF).
This is expected to be one of the largest fertilizer manufacturing investments in the US in more than 20 years.
“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. It 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 US company which is owned by multinational investors, including the Fatima Group based in Pakistan which is a leader in the south Asian fertilizer industry.
(This story was originally published on July 27, 2017)