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The $185 million dollar project
will break ground in late 2008 and begin producing ethanol in mid 2010.
The plant will employ 65 people and will operate 24 hours a day, 350
days a year. The plant will purchase 40 million bushels of corn from
farmers in upstate New York, Pennsylvania, the Midwest and Canada and
sell 110 million gallons of ethanol to supply regional gas blenders
who want to distribute E10 gasoline.
The founders are restoring
the facilitys grain storage capacity preserving the magnificent
concrete silos for re-use in partnership with the grain industry.
There are several factors
related to RiverWright that will enable it to complete effectively in
the fuel ethanol industry. These include: an existing plant infrastructure
and grain storage, water and rail access for incoming grain and outgoing
ethanol, ready-markets for ethanol into the local and regional fuel
market, perfect project timing with an unprecedented demand for ethanol,
strong support from the City of Buffalo, County of Erie and New York
State and a dedicated professional project team.
For more information
Please call 716-853-2640 Or email
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