POSEY CO., IN (WFIE) - Construction on the new fertilizer plant in Posey County should begin this fall.
Posey County Commissioners and Mt. Vernon City Council have signed an updated letter to the Midwest Fertilizer Company, detailing how the project will play out. It also states the county will not be on the hook for anything if the project goes south.
County Commissioner Jerry Walden says this is a strong signal that everything discussed so far will go through.
The company is drilling core samples at the site, which is just a few miles southwest of Mt. Vernon.
Walden says the $2.5-billion project is the largest construction facility in North America.
We're told the bypass around the west side of Mt. Vernon will be completed while the plant is being built to help with heavy traffic.
It is anticipated that more than 200 permanent jobs will be available. The goal is to be fully operating by 2019.