Constantine village officials were told Monday that an Indiana-based company is expecting to close soon on the purchase of the former Rexam plant in the village’s industrial park.
During a public hearing at Monday’s village council meeting, officials from Nature’s Fuel said a few legal matters are being reviewed by their legal team. Glenn Johnson, chief operating officer, said the legal review centers on potential environmental-related responsibilities between Rexam and Nature’s Fuel.
Otherwise, Johnson indicted the company is excited to settle in Constantine and about the 75 new jobs it will bring initially.
The company is seeking a tax abatement from village officials, who are expected to review the request at their January meeting. If plans move accordingly, Nature’s Fuel could start interviewing prospective employees in March.
Nature’s Fuel processes wood that scrap into a usable form of oil and gas.