Decatur’s Archer Daniels Midland (ADM), a multinational agricultural product processor has announced that it will relocate its global headquarters to Chicago after more than 40 years in Decatur. Earlier this month, State Senator Bill Brady called on the Governor and House of Representatives to return to Springfield to pass an economic incentive package to create hundreds of new jobs in Decatur; the bill had already passed in the Senate.
“Despite the warning signs Governor Quinn ignored the call for a special session and turned his back on downstate,” said Brady. “I’m glad that ADM will stay in Illinois, but not passing that economic incentive is a huge missed opportunity. The incentive would have kept jobs in Decatur and created new jobs there over the next 5 years. Unfortunately, foot-dragging by the Governor and the House means there is no guarantee we will see job growth in Decatur.”
In early December the Illinois Senate passed the incentive package that would have required ADM to maintain 200 full-time employees at its headquarters in Decatur, relocate 100 employees into Decatur from somewhere outside of Illinois within five years and further stipulated that ADM must hire at least 100 new employees every year for five years at the Decatur location to continue to qualify for the EDGE credit. Additionally, the bill required ADM to establish an internal committee for five years to promote jobs in Decatur. Unfortunately the Illinois House adjourned without taking up the measure, a move that likely led to a huge loss for Decatur and downstate.
“This incentive package would have created new jobs and helped to boost the local economy,” said Brady. “After Office Depot chose Florida over Illinois when the House failed to act on their incentive package I warned the Governor and the House of Representatives that a failure to act could lead to this. Unfortunately Decatur and central Illinois will now suffer as a result.”