Both sides say the facility on North Clark Street should bring in hundreds of new jobs over the next several years. A joint statement on Thursday says Dow didn't receive any special incentives to create the positions in Chicago.

The company says the positions will be primarily related to Midwest sales.

Dow also says it will continue its work with the Chicago area's Argonne National Laboratory. They are trying to create the next generation of batteries and storage technologies for use in electric and hybrid cars.

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