The state originally supported building the plant in the Port of Mt. Vernon. But the $2.1 billion plant would now be built on a different 219-acre site near the Ohio River, after approval last year from the Posey County Commissioners. Plant officials told Evansville Courier & Press last fall they plan to produce urea ammonium nitrate, a fertilizer that is not used in explosives.
Posey County officials quickly stepped in last year after the state withdrew its support and offered financial incentives to the developers, including $1.3 billion in bond sales to finance the project. The county effectively filled the role that the Indiana Finance Authority had been filling when it first offered the financing.