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Verbatim: Agriculture firm to open facility in Huntington County

Written statement issued Wednesday morning: The Indiana Economic Development Corporation, released information related to the Helena Chemical Company groundbreaking.

HUNTINGTON, Ind. (Dec. 8, 2010) - Helena Chemical Company, which distributes crop protection and crop production inputs and services for agricultural, turf and ornamental, forestry, aquatics and vegetation management markets on a nationwide basis, announced today that it will break ground on a new fertilizer facility in Huntington next week that will employ up to 20 people by 2013.

The Tennessee-based agricultural distributor is making a multi-million dollar investment to construct a fertilizer facility on 35 acres in rural Huntington County which will be used for the production and distribution of dry and liquid crop fertilizers. The company plans to start construction early next year and open the facility in the spring of 2012.

"Even in a weak national economy, new growth is continuing in Indiana. Today we celebrate the second new company in a few months to choose Huntington for a significant new investment," said Mitch Roob, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation.

Helena has approximately 3,500 employees across the United States and will employ the new positions in future months once the facility construction is complete.

"Helena Chemical Company is excited to be a part of this progressive community. With our growth plan, we must have transportation and civic infrastructure like the infrastructure which already exists in the Huntington community in order to compete long term. We could have located in other states but Helena chose this site after a thorough analysis of these factors. The outreach and support by neighbors and the community are also encouraging. We look forward to becoming part of the Huntington community," said Doug Goff, North Central Division Manager for Helena.

"Our core strength is our commitment to provide the agricultural industry with efficient delivery of products and services that help increase productivity, enhance crop yields, and provide reliable product performance. Helena's vision is to be the preferred link in the supply chain to people who grow food and fiber or manage vegetation. We plan on building and operating the Huntington location in a manner that is consistent with Helena's vision and with our company theme - People...Products...Knowledge®...," said Goff.

The Indiana Economic Development Corporation offered Helena Chemical Company up to $120,000 in performance-based tax credits based on the company's job creation plans and $50,000 from the state's Industrial Development Grant Fund for infrastructure improvements at the site. The City of Huntington is committing TIF revenue to cover the costs of the necessary public infrastructure needed for the Huntington Terminal in lieu of tax abatement.

Helena's decision to locate a fertilizer facility in Huntington follows an August announcement from composite parts and components manufacturer, Continental Structural Plastics, Inc., that it also will locate a new manufacturing operation in Huntington, adding up to 350 new jobs and $9 million in new investment by 2012.

"I am very excited to welcome Helena to Huntington County. The agricultural community in this county is among our most prominent business sectors and I'm proud the county could play a role in making this project possible. Helena is one of the world's leaders in the ag sector and Huntington County is honored that they've decided to construct a major facility here," said Tom Wall, president, Huntington County Board of Commissioners.

"As Mayor, it is a pleasure to thank Helena for locating at Huntington's Park 24. The community is very excited to see their project develop and we're looking forward to a wonderful relationship with another new member of our industrial community. I am very proud of the efforts of Huntington County Economic Development and the entire economic development team in making this a reality," said Huntington Mayor Steve Updike.

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