Efforts to lure $220 million plant to Taylor continuing

Posted on August 15, 2014

Local efforts to induce the West Palm Beach-based BioNitrogen Corp. to build a $220 million plant in Taylor County are continuing with the Perry City Council working to finalize a portion of its incentive package.

The council held the first reading this week of a modified ordinance which would allow the city to enter into agreements with BioNitrogen and a bank for the city to provide collateral guaranty on a $5 million line of credit taken out by the company for work on the proposed plant here.

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