ADM http://peoriapublicradio.org en IL Gov. candidate weighs-in on ADM headquarters http://peoriapublicradio.org/post/il-gov-candidate-weighs-adm-headquarters <p></p><div>A newly merged Office Depot chose to locate its headquarters in Florida, instead of Illinois. &nbsp;A Republican candidate for governor says Illinois needs to hurry if it doesn't want a similar fate with ADM.</div><p> Wed, 11 Dec 2013 00:33:17 +0000 Amanda Vinicky 16145 at http://peoriapublicradio.org IL Gov. candidate weighs-in on ADM headquarters IL Lawmaker confident on ADM tax break bill http://peoriapublicradio.org/post/il-lawmaker-confident-adm-tax-break-bill <p>The State Senator who has worked out a deal with Archer Daniels Midland says the company should remain optimistic about its chances for a state tax deal, even though the General Assembly adjourned without passing one. &nbsp;ADM, currently based in Decatur, is searching for a new global headquarters. Executives are considering Chicago, but have also toured other cities.</p><p> Fri, 08 Nov 2013 02:01:24 +0000 Amanda Vinicky 14606 at http://peoriapublicradio.org IL Lawmaker confident on ADM tax break bill State senate OKs tax breaks for ADM, Office Depot http://peoriapublicradio.org/post/state-senate-oks-tax-breaks-adm-office-depot <p></p><div>A Senate panel has approved legislation that would give tax incentives to two of Illinois biggest corporations -- Office Depot and Archer Daniels Midland.&nbsp;</div><p> Thu, 07 Nov 2013 00:36:25 +0000 Brian Mackey 14544 at http://peoriapublicradio.org State senate OKs tax breaks for ADM, Office Depot Legislators advance tax breaks measure, but not for ADM http://peoriapublicradio.org/post/legislators-advance-tax-breaks-measure-not-adm <div>State legislators are advancing a measure that attempts to lure chemical plant jobs to Illinois, but broader plans to offer companies like ADM incentives are NOT ready just yet. &nbsp;IPR'S Amanda Vinicky has more.</div><div><p><span style="line-height: 1.5;">Archer Daniels Midland is the highest-profile case of a company looking for a tax break from the state, in exchange for creating jobs. I</span><span style="line-height: 1.5;">n ADM's case, the company is looking to move its global headquarters from Decatur to maybe Chicago, maybe a city in another state. B</span><span style="line-height: 1.5;">ut it's not the only company that wants a deal.</span></p> Wed, 06 Nov 2013 13:07:22 +0000 Amanda Vinicky 14506 at http://peoriapublicradio.org Legislators advance tax breaks measure, but not for ADM Little accomplished in first week of veto session http://peoriapublicradio.org/post/little-accomplished-first-week-veto-session <div>Illinois legislators were supposed to meet this week for three days as part of the fall veto session. Instead they left Springfield after only two.&nbsp;<span style="line-height: 1.5;">Little was accomplished during that time.</span></div><div>&nbsp;</div><p> Thu, 24 Oct 2013 11:42:09 +0000 Amanda Vinicky 13878 at http://peoriapublicradio.org Little accomplished in first week of veto session Some economists oppose tax incentive package for ADM http://peoriapublicradio.org/post/some-economists-oppose-tax-incentive-package-adm <div>Archer Daniels Midland reportedly has its share of suitors as the agribusiness giant looks to move its corporate headquarters out of Decatur. Recent reports list Dallas, Atlanta, Minneapolis and Chicago as possible new locations for the headquarters and its 100 employees.</div><div> Wed, 16 Oct 2013 16:43:15 +0000 Jeff Bossert 13480 at http://peoriapublicradio.org Some economists oppose tax incentive package for ADM Quinn defends ADM veto threat http://peoriapublicradio.org/post/quinn-defends-adm-veto-threat <p></p><p></p><div>Illinois Governor Pat Quinn defends his threat to veto legislation to give tax incentives to Archer Daniels Midland Company to keeps its headquarters in Illinois.</div><p> Mon, 14 Oct 2013 23:02:14 +0000 Illinois Public Radio 13389 at http://peoriapublicradio.org Quinn defends ADM veto threat Gov. Quinn against giving ADM tax incentives to stay in Il http://peoriapublicradio.org/post/gov-quinn-against-giving-adm-tax-incentives-stay-il <div>When lawmakers return to Springfield for their fall session later this month, they&#39;ll be weighing requests from several international companies that want tax breaks for keeping their headquarters in Illinois. But as IPR&#39;S Brian Mackey reports, Governor Pat Quinn is throwing cold water on that idea.</div><div><p><span style="line-height: 1.5;">Most of the tax-credit attention has gone to agribusiness giant Archer Daniels Midland, which wants up to $24 million to keep its global head office in Illinois. But lawmakers have also heard requests from Zurich Insurance, based in Schaumburg, and </span>OfficeMax<span style="line-height: 1.5;">, based in Naperville, and there are others. &nbsp;</span>Gov<span style="line-height: 1.5;">. Quinn, however, says pensions need to come first.</span></p> Fri, 04 Oct 2013 18:56:55 +0000 Brian Mackey 12932 at http://peoriapublicradio.org Gov. Quinn against giving ADM tax incentives to stay in Il ADM requests up to 20-million dollars in tax breaks to stay in Il http://peoriapublicradio.org/post/adm-requests-20-million-dollars-tax-breaks-stay-il <div>As Archer Daniels Midland plans to move its headquarters out of Decatur, Illinois lawmakers are considering whether to award tax breaks to keep the agribusiness giant in Illinois. IPR&#39;S Brian Mackey has more on ADM&#39;s request Tuesday for up to twenty-four million dollars in tax breaks.</div><div><p><span style="line-height: 1.5;">At a legislative hearing in Chicago, representatives of ADM told lawmakers they wanted incentives worth $1.2 million a year for up to 20 years. In return, the company would keep its headquarters in Illinois, likely in Chicago.</span></p></div><div> Wed, 02 Oct 2013 13:01:40 +0000 Brian Mackey 12806 at http://peoriapublicradio.org ADM requests up to 20-million dollars in tax breaks to stay in Il ADM looks to move world HQ from Decatur http://peoriapublicradio.org/post/adm-looks-move-world-hq-decatur <p></p><div>After 44 years as the world headquarters for Archer Daniels Midland, the central Illinois town of Decatur is about to lose that title. &nbsp;IPR’s Sean Crawford reports:</div><div>&nbsp;</div><div></div><p> Tue, 24 Sep 2013 04:11:31 +0000 Sean Crawford 12371 at http://peoriapublicradio.org ADM looks to move world HQ from Decatur