# Faraci: $4 million state grant will prepare former Quaker Oats site for industrial development

> Illinois State Senator Paul Faraci announced a $4 million Regional Site Readiness Program grant for infrastructure work at the former Quaker Oats facility in Danville. The funds will address flood risks and improve infrastructure at the Quaker Oats and Heatcraft sites to prepare them for manufacturing, industrial and logistics tenants.

- Date: 2026-11-13 · published 2026-11-14T12:05:55.195Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/99303-faraci-4-million-state-grant-will-prepare-former-quaker-oats-site-for
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

This is a local economic development grant with no direct effect on grain, oilseed or feed supply, demand or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2019-08-28 | [Canada invests nearly $2 million in oat cultivar development - Top Crop ManagerTop Crop Manager](https://feedsoft.ai/events/57642-canada-invests-nearly-2-million-in-oat-cultivar-development-top-crop-managertop.md) | +3.0% | +6.2% |
| OATS | 2020-10-23 | [$3 million investment to seed growth in grain industry \| The National Tribune](https://feedsoft.ai/events/50721-3-million-investment-to-seed-growth-in-grain-industry-the-national-tribune.md) | -1.4% | -2.1% |
| OATS | 2021-04-22 | [$11.5 million program ushers in new era for oat breeding - Grain Central](https://feedsoft.ai/events/47667-11-5-million-program-ushers-in-new-era-for-oat-breeding-grain-central.md) | +1.8% | -9.7% |
| OATS | 2026-10-23 | [Wisconsin Farmers to Receive $201 Million in USDA Payments](https://feedsoft.ai/events/785-wisconsin-farmers-to-receive-201-million-in-usda-payments.md) | -7.8% | — |
| OATS | 2020-02-24 | [New Zealand: Plans to ban pre-harvest glyphosate in oats \| The Scottish Farmer](https://feedsoft.ai/events/54671-new-zealand-plans-to-ban-pre-harvest-glyphosate-in-oats-the-scottish-farmer.md) | -9.2% | -11.5% |

## Sources

- illinoissenatedemocrats.com: https://illinoissenatedemocrats.com/caucus-news/85-senator-paul-faraci-news/7134-faraci-4-million-state-grant-will-prepare-former-quaker-oats-site-for-industrial-development

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.