CF Industries Port Neal expansion experiencing cost increases - KTIV News 4 Sioux City IA: News, Weather and Sports

CF Industries Port Neal expansion experiencing cost increases

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SERGEANT BLUFF, Iowa (KTIV) -

An increase in labor and construction materials gets the blame for an increase in the cost of an expansion of the CF Industries plant, near Salix, Iowa.

CF's president and CEO, Tony Will, says additional dollars are also needed to establish competitive wages to attract and retain skilled laborers.

Will says that will raise the price tag of the fertilizer plant expansion from $1.7 billion to more than $2 billion.

Work could be done next year.

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