ADM to Move Headquarters to ChicagoCHICAGO (AP) - Gov. Pat Quinn says Archer Daniels Midland Company's decision to move its headquarters to Chicago shows the agribusiness giant has faith in Illinois.
The company announced Wednesday that it intends to have about 50 to 75 employees in the new office. ADM announced earlier this year that it wanted to move its Decatur headquarters. Illinois lawmakers had been considering millions in tax incentives for the company that would have required ADM to create more jobs. However legislators didn't approve them before adjourning earlier this month.
In a statement Quinn says he spoke with CEO Patricia Woertz several times. He says the decision is good news for Illinois and the economy. The company says a decision hasn't been made on where it will locate a new technology center.
See other LocalNews news:Ekey's 3 Lifts Illinois Over No. 24 Iowa 66-63
Illinois Halts Plan to Require ATV Permits
Walkaway From Twin Willows Found 4 Miles Away Unhurt
Police Beat for Sunday, March 9th, 2014
Welcome to Daylight Savings Time