The Car and Truck Fleet and Leasing Management Magazine

Vermont Biodiesel Plant Shuttered

August 24, 2010

SWANTON, VT - A major biodiesel plant in Vermont, operated by Biocardel, has closed for business. The company cited financial difficulties arising from the expiration of the federal tax credit, the Times Argus reported. 

The Vermont Economic Development Authority is now trying to recover $645,000 it provided to the facility in low-interest loans in 2006, officials told the newspaper. 

Company representatives said the plant was on the verge of ramping up production last December when the tax credit ended.

Biocardel has said it has no plans to reopen the plant in the future.


Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.

Read more

Alternative Fuel Locator

Use the Alternative Fuel Locator to find stations near you.

Launch Alternative Fuel Locator

Up Next

More From The World's Largest Fleet Publisher