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WOOD RIVER, Ill. -- BP plans to invest $8 million over the next 18 months to move and consolidate its marketing terminal and related storage tanks at the American Commons site in Wood River, Ill.
The project will clear more than 100 acres in Wood River, which is 20 miles northeast of St. Louis, Mo.
"BP's marketing terminal is the last major petroleum operation on the site of the former Amoco refinery," Jim LaBrie, the center's distribution manager, said.
The terminal currently employs 50 people with a payroll of more than $3 million, and supplies petroleum to gas stations, petroleum suppliers and commercial customers in a 100-mile radius, LaBrie said.
LaBrie said the company is building a new marketing terminal in the southeast corner of the site and will consolidate all of its operations there. The company plans to complete construction of the new terminal and move all of its operations by next fall.