Champaign County May Get Chemical Processing Plant

Any day now, Champaign County officials will learn if a new chemical processing plant will set up shop in the community.

Few details are being released about the facility. John Dimit, the chief executive officer of the Champaign County Economic Development Corporation, said officials from the company are reviewing seven sites in addition to Champaign County to host the plant.

"It's actually a type of facility that takes industrial waste - steel mill waste in particular - and recaptures the waste, concentrates it and re-sells it," Dimit explained.

Dimit said the chemical plant would employee around 200 people, and be located north of the community in an area ready for development. He said the company behind the project intends to invest $250 million to have it completed by 2013.