Iowa Fertilizer Company

Negotiating With Potential Industry
4:04 am
Thu May 10, 2012

Lee County to Hire Outside Counsel

Lee County will receive some outside help in its efforts to land a new industry.

The Board of Supervisors has agreed to hire attorney Bob Josten to negotiate with Iowa Fertilizer Company on behalf of the county.  Josten is with Dorsey & Whitney, a Des Moines-based law firm the county uses when it borrows money.

Iowa Fertilizer Company is considering a 300-acre site near Wever for a $1.3-billion dollar fertilizer plant. 

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Burlington Company Receives Award
7:15 pm
Fri February 17, 2012

Fertilizer Company in Lee County’s Future

The Iowa Economic Development Authority Board is paving the way for a pair of projects in southeast Iowa.

During a meeting on Friday, the board signed off on a $1.6-million dollar award for the development of a large-scale fertilizer plant on 300 acres of land near Wever in northern Lee County.

The funding for Iowa Fertilizer Company will come through a forgivable loan, a loan, and tax benefits.

The company is a subsidiary of Orascom Construction Industries out of Cairo, Egypt.

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