ADM relocates to Chicago – without state tax incentives

By Michael Lucci
Archer Daniels Midland, an Illinois-based agribusiness giant, announced today that it will move the company’s global headquarters from Decatur, Ill., to Chicago, despite a tax incentive bill worth $30 million to ADM being stalled in the Illinois General Assembly. The decision keeps 60 to 75 executive-level jobs in Illinois, and comes a week after Office...

TAGS: Archer Daniels Midland, Chicago, cronyism, taxes

Pay to stay

By Benjamin VanMetre
Earlier this year Texas Gov. Rick Perry wrote a letter to Illinois’ businesses and individuals trying to sell them on a move to Texas. The sales pitch was simple — it wasn’t tax credits, grants or sweetheart deals. The sales pitch was this — Texas doesn’t have an income tax. Perry understands something that Illinois...

TAGS: Archer Daniels Midland, cronyism