
By: CBS4 News, newsroom@cbs4qc.com
Business is booming for one Quad City company.
The Rock Island River Terminal Corporation broke ground today on a new $8.5 fertilizer storage facility. Located on the banks of Mississippi river, it will be double the capacity of the older, outdated storage buildings, and be able to hold 40 thousand tons of fertilizer. The kicker? The new facility is a fraction of the size.
"The exciting thing for us is that a smaller foot print will give us space to pursue other opportunities on the property," said Jeffery Goldstein, Chairman and Chief Executive Officer.
The building is expected to be complete next April.