NC ethanol plant scheduled to open in '09 | Im Turning Green

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NC ethanol plant scheduled to open in '09 | Im Turning Green

NC ethanol plant scheduled to open in '09

The Associated Press

RAEFORD, N.C. - The owner of an ethanol plant being built in Hoke County says it should open next June as scheduled.

The Fayetteville Observer reported Monday that Clean Burn Fuels plant owner Jack Carlisle said 75 percent of the equipment for the $100 million plant is on the site south of Raeford.

Carlisle said he expects to employ about 100 people at the plant and produce about 60 million gallons of ethanol its first year.

The company is expected to invest $90 million, including a carbon dioxide plant and a trucking company.

Hoke County gave the company 500 acres for the facility and it received $35 million in federal loan guarantees to develop renewable energy sources.

Carlisle said other funding is from private investors.

Information from: The Fayetteville Observer, http://www.fayobserver.com

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