BATON ROUGE, La. (AP) - Louisiana economic development officials said a fertilizer manufacturer will decide by early next year whether to build a $1.2 billion plant in St. Charles Parish.
AM Agrigen Industries and Gov. Bobby Jindal said in a Monday news release that feasibility studies are underway on the proposed site. A decision to go ahead with the plant would mean creation of 150 new jobs with the average annual salary of $55,000.
Construction would begin in mid-2015.
The state said that to secure the project, Louisiana offered the company incentives that include a $5.6 million grant to offset infrastructure costs. The company also is expected to use the state's Quality Jobs and Industrial Tax Exemption programs.
AM Agrigen has options to purchase 650 acres near Killona in St. Charles Parish for the project.
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