Updated: Quinn to sign bill with incentives for possible Tuscola plant
Governor Pat Quinn is expected to sign a bill on Thursday that could entice a chemical company to locate a plant in Douglas County.
State Representative Adam Brown of Champaign said Quinn is expected to sign the legislation on Thursday morning. It includes several economic development projects in the state. And Brown said the measure provides an incentive package of $30 million to Delaware-based Cronus Chemicals in an effort to try and get the company to build the plant near Tuscola over a site in Iowa.
The $1.2 billion project would create 2,000 construction jobs and 150 to 200 full time jobs after construction is complete.
Brown said it is looking highly likely that Cronus will choose the site near Tuscola for the plant. Cronus spokesman Dave Lundy said Quinn's signing of the bill is a critical step in the decision-making process but didn't say which way the company is leaning when it comes to the plant location. He says a decision will be made in the next 30 to 60 days.
Quinn is expected to sign the incentive package bill at 10:30 Thursday morning.