‘Big step’ for BioNitrogen

Posted on December 5, 2014

In what officials are calling another “big step” in BioNitrogen’s efforts to build a $300 million plant in Taylor County, the company has announced that it has been awarded an allocation of $300 million in private activity bond volume which will allow it to issue tax-exempt bonds for the acquisition, development and construction of the plant here.

In a recent letter, Director of the Florida Division of Bond Finance J. Ben Watkins III told officials that the $300 million in bonds had been removed from the pending list and had been allocated from the state pool.

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