ADM is the largest employer in Decatur, and several thousand jobs would remain there.
St. Louis Regional Chamber President Joe Reagan says St. Louis makes sense because of the plant sciences hub here as well as the investment ADM already has.
“We’re certainly very proud of this region and we’re glad to speak for it,” Derek Rapp, Mergers and Acquisitions Lead at Monsanto, tells KMOX News.
“We wanted Decatur to understand that just because we’re moving a relatively small group and re-naming a global headquarters, that Decatur remains very critical”
At 10 a.m. Tuesday, an Illinois House committee will hold a hearing about offering ADM a ten percent break on utility taxes for three decades as well as an income tax credit.
“This would be a huge victory if we were to land a company of that stature,” said Katy Jamboretz, who works for the St. Louis region’s economic development agency.
A week ago, the company announced its global headquarters is leaving Decatur, Illinois. Under consideration for the new home are Chicago, St. Louis, and Minneapolis.
The jobless rate dropped or was flat in five areas, including Illinois’ St. Louis suburbs.
Ameren has 400 linemen and supervisors and 200 trucks there, and they expect to be there a while.
With the prison population at an all-time high, the state needs the space at Tamms and Dwight, says state Treasurer Dan Rutherford.