Posey Co. fertilizer plant delayed 3-6 months
POSEY CO., IN (WFIE) - 14NEWS has learned the date to start building the Midwest Fertilizer Plan in Posey County will be delayed for three to six months.
President of the Posey County Commissioners Carl Schmitz says construction will most likely not start until the end of the summer.
The plant's attorneys have asked the county to resign the bonds that will help fund the project. Schmitz says the company needs more time to get everything in order.
This $2.1 billion project is expected to create 2,500 construction jobs.
"Financing does take time and they want to have everything complete when ground breaks so it is just full speed ahead from there on out," said Schmitz.
"Everything otherwise is on schedule. The project is very positive. They are hiring people. They are getting permits. Work is going forward but it just means a delay on the start of the plant."
Schmitz says a construction manager has been hired and he is from the area.
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