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Cullerton: ADM tax breaks not a done deal

Posted October 03, 2013 4:56 pm

Associated Press

SPRINGFIELD — Senate President John Cullerton says any tax-incentive package to get Archer Daniels Midland Company to keep its headquarters in Illinois should include something to make up for the loss of jobs in Decatur.

ADM announced last week it was moving its global headquarters — and 100 jobs — out of Decatur. The company is asking the state for $20 million in tax breaks to keep its headquarters in Illinois. Chicago officials have said the city is in the running.

The (Springfield) State Journal-Register reported Cullerton said Wednesday that Chicago is a great spot for the agribusiness giant to consider. But he says: “Whether we should incentivize them is another question.”

The Chicago Democrat noted Decatur’s high unemployment rate.

ADM has said it would keep 4,400 jobs in Decatur.

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