Altra Begins Contruction of Ethanol Plant in Nebraska
CARLETON, Neb. --- A subsidiary of Altra Inc., a California-based developer of renewable fuel projects, has begun construction on a major ethanol production facility in Nebraska. The 360-acre, $200 million project is part of Altra's plan to build 500 million gallons per year (MMGY) of biofuel productioncapacity across the nation. "Alternative fuels have been a boon to rural economies acrossNebraska, and our state continues to be a leader in biofuelsproduction," Gov. Dave Heineman said. "We have the corn, wehave the livestock, and we have the local know-how to helpthese facilities seize important economic opportunities for ourfarmers and ranchers."Located in south central Nebraska, the Carleton facility isexpected to benefit from the region's low-cost cornproduction for processing ethanol, as well as the extensive dairycow industry for the sale of distiller's grain, an ethanol coproduct.Upon completion in mid-2008, the Carleton plant isexpected to operate at 110 MMGY of nameplate ethanolcapacity. The Carleton facility is also expected to use morethan 36 million bushels of corn per year, Altra said."In Nebraska, we've been at the forefront of ethanol productionto reduce our dependence on foreign energy supplies by growingour own," said Nebraska Sen. Ben Nelson. "The addition ofthe Carleton ethanol plant brings us a step closer to our goal ofreplacing fuel from foreign oil fields with fuel from Nebraska corn fields."