BioNitrogen closes on 55-acre land deal

Posted on October 15, 2014

In a major step in BioNitrogen’s efforts to site a $300 million plant in Taylor County, the company has closed on a 55-acre parcel owned by Foley Timber and Land Co.

According to City Manager Bob Brown, the property closed on Monday for approximately $1.3 million, with the funds coming out of the city-guaranteed line of credit Tuesday due to the bank being closed Monday for Columbus Day.

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