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Article: Ethanol Plant Delays Pose Risks to Local Revenues in Midwest.
- Article from:
- The Bond Buyer
- Article date:
- November 19, 2007
- Author:
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Developers of several construction projects for ethanol plants in the Midwest have put them on hold over the last month due to industry risks that may pose a threat to local government revenues generated by ethanol production, officials said at a public finance conference here last week.
At least five ethanol plant projects have been put on hold since October, including one scheduled to be built in Reynolds, Ind.,by VeraSun Energy Corp., one of the country's largest ethanol producers; one proposed by Chippewa Valley Ethanol for Benson, Minn.; and three other plants planned for Minnesota, South Dakota, and Wisconsin. A plant in Grafton, N.D., run by ...