Twin Cities on short list of sites for new ADM global headquarters

  • Article by: Adam Belz , Star Tribune
  • Updated: September 24, 2013 - 10:55 PM

Chicago reportedly is the front-runner as the agribusiness giant looks for a new corporate home.

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Cain2198Sep. 24, 13 4:46 PM

Now we just need to bribe...ahem... I mean... offer them ample tax incentives to relocate.

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gofurnuttSep. 24, 13 4:49 PM

OMGosh...Cain2198...You Read My Mind....I Love The "Free" Enterprise System....

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honeybooSep. 24, 13 5:04 PM

Chicago?? Somebody's getting wined and dined, and maybe a little more.

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gopherdudeSep. 24, 13 5:21 PM

Best Buy should offer there mostly vacant headquarters in a swap for some office space and I would not be opposed to the city and State Government offering incentives TIF to do so. Relatively new building with IT center and near the airport, we could Ace out Chicago if the Governor and city leaders in Bloomington got creative to buy out Best buy building on the cheap. Best Buy likely needs to downsize buildings anyways.

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reeddrbjSep. 24, 13 5:59 PM

Problem is gopherdude Bloomington would have nothing to do with it. Best Buy hdqtrs is in Richfield. I doubt Richfield could afford to buy out for the buildings.

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ffedericoSep. 24, 13 6:31 PM

If I were them I would consider the Hudson, Wi area and the Indiana suburbs of Chi as well, for lower taxes. I can't believe executives would want to move to Minnesota. My wife is from St. Louis and the suburbs are nice and taxes are low. Illinois is a basket case financially. Taxes are high and they have a huge pension liability, the largest per capita in the country. In sum, my guess is that they want to move to Chicago but if they can extort large concessions from Chicago and Illinois.

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jojoobooSep. 24, 13 6:57 PM

Houston FTW. No state income tax for the big wigs.

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Steve SteveSep. 24, 13 7:00 PM

It's easier to collaborate with Cargill on price fixing when they're in the same state.

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humanfodderSep. 24, 13 7:53 PM

The current ADM headquarters are not that far from Chicago so I don't see why ADM would go through all this fuss to stay there... unless they are trying to "blackmail" IL by saying they will go elsewhere. St. Louis is a out because, despite the suburbs being nice, it is a pit. Minneapolis makes sense. Excellent food industry climate and notice the spokesman said that they needed to be able to attract worldwide talent... that's Minneapolis. Even if you are right in Chicago O'hara is so congested that the benefit is lost. Minneapolis FTW and another feather in Dayton's for having a broad view of what it means to having a good business climate in the state!

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gopher68Sep. 24, 13 7:56 PM

ffederico, so you're suggesting Hudson or Gary, Indiana for the alternative? Obviously, you've never been to Gary. Hudson is a nice town, but obviously defeats the purpose of moving headquarters to a big city.

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