Agriculture is one of the key drivers of the nation’s economy
Agriculture is one of the key drivers of the nation’s economy and, with 87,500 farm operations overseeing more than 30,000,000 acres in our state, it’s clear that Iowa is leading the way. As you know, it takes a variety of businesses working alongside our farmers to successfully grow and produce on this incredible scale. Iowa Fertilizer Company (IFCo) is proud and excited to play an important part in that relationship by offering farmers a domestic source of high-quality, low-cost nitrogen fertilizer. When production officially starts in the next several months, IFCo will become one of the first world scale greenfield nitrogen fertilizer facilities to come online here in the United States in more than 25 years.
Today, construction of the facility is more than 97 percent complete. In fact, the plant is deeply in the pre-commissioning phase with ammonia production scheduled to begin in the fourth quarter of this year and downstream products to follow closely behind. Moreover, the company announced several milestones in recent months, including the completion of a $10 million road project to safely access the plant, the startup of the boilers, and steam and air blows of pipe and other equipment onsite. Taken together, these recent accomplishments will all play a critical role in helping the plant deliver 1.5 to 2 million metric tons of fertilizer products annually when production begins.
Over the past several years, IFCo has invested more than $2 billion into the regional economy. At the peak of construction the company employed more than 3,000 workers and will maintain a full-time staff of approximately 200 people. With an annual estimated payroll of $25 million and $25 million in maintenance spending, Iowa Fertilizer Company will continue to drive economic growth in the area for years to come.
Iowa Fertilizer Company is a proud part of the Iowa community and incredibly thankful for the support we have received since the project was first announced. We are committed to not only providing a world-class product to farmers, but to build safety and environmental stewardship into every aspect of our business. To learn more about the company, the plant, its products and other recent updates, please visit www.IowaFertlizer.com.