The U.S. Economic Development Administration plans to invest 51 million dollars into an agriculture tech hub in Central Illinois.

IFAB, which stands for Illinois Fermentaiton and Agriculture Biomanufacturing, was one of 12 that received millions from the government.

Mark Denzler is the President and Chief Executive Officer of the Illinois Manufacturing Association.

With the funding, 40 million dollars will help expand the Integrated Bioprocessing Research Laboratory, with other financing going towards production lines and the Tech Hub's management.

Governor Pritzker applauded the investment, saying the funding will help bring innovation and growth to Central Illinois for decades to come.