Lawmakers should learn lesson from ADM

Published 12/20 2013 04:41PM

Updated 12/20 2013 04:55PM

SPRINGFIELD -- A watchdog group says lawmakers should learn a lesson from ADM's move earlier this week.

The company announced its moving its global headquarters and about 75 jobs from Decatur to Chicago.  Lawmakers were considering giving the company tax breaks to keep it in Illinois.

ADM had been shopping other cities, but decided on Illinois even without that tax break. 

Good Jobs First, a Washington based watchdog group says it appears ADM was bluffing about its need for tax breaks.  The director says Illinois should be mindful when other companies come knocking.

ADM was asking for 26 million dollars in breaks over 20 years.  The senate passed the bill but the house never voted on it.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon


Featured Business