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.
"Improving Outcomes, Together" theme for National EMS Week
Candidates can begin filing for school board elections on Tuesday
Indiana Natural Resources Commission to hold public hearing for bobcat rule changes
Shelbyville house fire, several animals reported dead
Road closure scheduled to begin Monday on Tom Hession Drive
May 15 is National Peace Officers Memorial Day
Indiana Conservation Officers seek help finding track chairs stolen from Fort Harrison State Park
Shelby County 's Jason Beal remembered as Indiana State Police Bremen Post holds annual memorial service
