Fertilizer Company

Supervisors Pledge Support
10:29 pm
Thu February 23, 2012

Lee County Incentive Package

Lee County is pledging its support to an effort to land a new industry.

The Board of Supervisors has agreed to meet, or even exceed, the 20% local match required for Iowa Fertilizer Company to receive state funding.

The company is considering the county for a $1.3-billion fertilizer plant.

The Iowa Economic Development Authority Board has signed off on tax credits and $1.6-million in loans for the project, half of which would be forgiven if certain requirements are met.

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