Find weather alerts in your area, click here

Warren Buffett’s son announces $30M Illinois investment

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

DECATUR, Ill. (AP) — The foundation of billionaire investor Warren Buffett’s son plans to invest $30 million in a central Illinois campus of facilities to help people with drug addiction and bring together social services.

The (Decatur) Herald and Review reports Macon County Sheriff Howard Buffett announced plans Wednesday in Decatur. Crossing Healthcare, which serves primarily low- and moderate-income residents, will own four new facilities including a residential rehabilitation building and outpatient treatment center.

Howard Buffett says the investment “will address the health of our community at multiple levels.”

Howard Buffett was appointed sheriff in September and was an executive at Archer Daniels Midland. Warren Buffett has helped the Howard G. Buffett Foundation by giving his Berkshire Hathaway stock. The foundation has donated millions of dollars to projects in central Illinois.

CNN contributed the video in this story

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.