Officials with AgroRenew say that President Donald Trump's imposition of foreign trade tariffs has delayed its new plant facility in Knox County.
Company Chief Executive Officer Brian Southern issued an update on the project this week. Plans are to construct a full-scale 196,000 square foot bioplastics manufacturing plant on East Elkhorn Road south of Vincennes. However, some of the specialized equipment needed for production comes from Europe and the newly imposed tariffs have added 50% to the costs, increasing the project budget and pushing back the timeline.
Southern says that the new target is to begin operations by the fall of 2026 after harvest season in August. In order for that to happen, the equipment has to arrive by February of 2026. The company has applied for a tariff waiver and are hopeful the 50% tariff will be waived in time. It will not be known for another 2-3 months.
The company reiterated that it remains committed to the project, but cannot install equipment without a finished building.
Stay alert and share the road with farm equipment this fall
Putnam County Sheriff's Office investigating fatal crash
Callans seeks seat on Rockville Town Board
Burkett eyes Vermillion County Council District 3 Seat
IDHS warns against disaster assistance fraud
Zamani seeks Vermillion County District 4 seat
USDA announces record payments of $13.8 billion for 2025 crop year revenue and price safety net programs
Nucor Corporation chooses additional expansion in Crawfordsville
Applications open for Indiana's Advanced Nuclear Ready Communities Program
USPS schedule for weekend into Columbus Day
Equipment investments keep working for Indiana habitat
Smith looks to punch ticket to Rockville Town Board seat
Pair of motorcycle crashes keep Parke County Sheriff's deputies busy
Parke Heritage Middle School awarded multi-million dollar Next Generation School Improvement Grant from IDOE
