Gregory Webb

Statehouse
8:52 am
Thu November 7, 2013

Tax Breaks For ADM, Office Depot Advancing in Senate

A Senate panel has approved legislation that would give tax incentives to two of Illinois biggest corporations — Office Depot and Archer Daniels Midland.

ADM says it's moving its head office from Decatur to a larger city.

Chicago is thought to top the list of alternatives, but the company has also checked out Minneapolis and Atlanta. That said, ADM executive Gregory Webb told senators the company would prefer to stay in Illinois.

"We have 17,000 North American employees, and 4,500 of them are in Decatur. So Illinois is a preference," Webb said.

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