Post by newsfeeder on Jul 3, 2006 10:43:45 GMT -5
Governor George E. Pataki and Senator Jim Wright today announced that the State will provide $4 million toward the $153 million Northeast Biofuels (NEB) ethanol production facility, making the new $157 million project one of the largest ethanol producers in the nation. The plant will be located at the site of the former Miller Brewery in Fulton, just north of Syracuse - a project the Governor first called for in his 2005 State of the State Address.
The nearly $160 million total investment includes $138 million from NEB. In addition, the Governor announced that two of NEB's major partner-suppliers, Perdue Farms and BOC Gases, will be making investments. BOC Gases will invest approximately $15 million to establish operations at Riverview Business Park. The State's $4 million contribution was jointly secured by the Governor and the State Senate.
"This is a perfect example of business, labor and government pooling their resources and expertise to capitalize on an economic opportunity which will pay environmental and economic dividends for decades to come," Governor Pataki said. "A brewery which for 11 years has essentially sat empty will again be operational, brewing ethanol instead of beer. This project will reinforce New York State's position as a national leader in advancing both the renewable resources and biofuels industries and at the same time, provide Fulton, Oswego County and Central New York with new jobs and economic opportunities."
Read more at:
www.state.ny.us/governor/press/05/june17_05-6.htm
The nearly $160 million total investment includes $138 million from NEB. In addition, the Governor announced that two of NEB's major partner-suppliers, Perdue Farms and BOC Gases, will be making investments. BOC Gases will invest approximately $15 million to establish operations at Riverview Business Park. The State's $4 million contribution was jointly secured by the Governor and the State Senate.
"This is a perfect example of business, labor and government pooling their resources and expertise to capitalize on an economic opportunity which will pay environmental and economic dividends for decades to come," Governor Pataki said. "A brewery which for 11 years has essentially sat empty will again be operational, brewing ethanol instead of beer. This project will reinforce New York State's position as a national leader in advancing both the renewable resources and biofuels industries and at the same time, provide Fulton, Oswego County and Central New York with new jobs and economic opportunities."
Read more at:
www.state.ny.us/governor/press/05/june17_05-6.htm
