Iowa Fertilizer Company held a groundbreaking ceremony November 19 to mark the start of construction work on its new greenfield nitrogen fertilizer production plant in Wever, Iowa. This new plant will be the first world scale natural gas-based fertilizer plant built in the United States in nearly 25 years and will help reduce U.S. dependency on imported fertilizer. The company is a wholly-owned subsidiary of Orascom Construction Industries, based in Cairo, Egypt.
Featured speakers at the event included Iowa Gov. Terry Branstad, director of the Iowa Economic Development Authority Debi Durham, Lee County supervisor Larry Kruse, and chairman and CEO of Orascom Construction Industries, Nassef Sawiris.
"The Iowa Fertilizer Company plant is one of the largest investments ever in the state of Iowa," said Branstad. "I am pleased to be breaking ground today and moving forward with our efforts to bring thousands of jobs to this area and to provide our farmers access to affordable fertilizer. This project will help rejuvenate Lee County and all of Iowa at a time when it is needed most."
All of Iowa will see a positive economic benefit from this project
"All of Iowa will see and feel the positive economic impact of this project," added Iowa Lieutenant Gov. Kim Reynolds. "Iowa Fertilizer Company is bringing hundreds of millions of dollars into the state that will directly benefit local outlets such as public schools. This groundbreaking marks a step in the right direction for economic growth and a successful future for the state of Iowa."