ADM plans $196M expansion in Clinton

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Quad-City Times: The Archer Daniels Midland grain processing plant in Clinton will undergo a $196 million modernization and expansion project to increase manufacturing capacity and help the century-old facility remain competitive. Chicago-based ADM is planning to update its Clinton wet mill, a facility built in the early 1900s that ADM acquired in 1982. The Iowa Economic Development Authority approved $8.257 million in tax credits from its High Quality Jobs program. The project is expected to retain 42 jobs at a qualifying wage of $15.99 per hour.