BioNitrogen, city close to deal on $220 million plant

Posted on September 12, 2014

Efforts by the Taylor County Commission, Perry City Council and Taylor County Development Authority to entice the West Palm Beach-based BioNitrogen to build a multi-million dollar plant in Taylor County have seemingly paid off, with company officials announcing this week they hope to hold a ribbon-cutting ceremony at their proposed building site here within the next 30 days.

The City of Perry and BioNitrogen are very close to finalizing an agreement under which the city will provide collateral guaranty on a $5 million line of credit taken out by the company for work on a proposed plant here.

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