MOUNT VERNON, Indiana — A Pakistani-backed company expects construction to start this year on a $2.7 billion fertilizer plant in southwestern Indiana more than three years after plans for the project were announced.
Midwest Fertilizer officials say they've awarded a construction contract for the project near the Ohio River city of Mount Vernon. Company president Mike Chorlton tells the Evansville Courier & Press (http://bit.ly/1WScN3B ) that financing is expected to close in mid-2016, with the plant expected to be in operation in 2020.
The plant faced controversy over the involvement of Pakistan-based Fatima Group as its lead investor.
Gov. Mike Pence withdrew state support in 2013 after a military official raised the prospect of the company's involvement in the making of roadside bombs in Afghanistan. Federal officials later said Fatima was addressing those concerns.
Information from: Evansville Courier & Press, http://www.courierpress.com