Groundbreaking For First Ethanol Plant In North Carolina

By: Christine Kennedy
By: Christine Kennedy

A Cary-based company has broken ground on the state's first ethanol plant.

Clean Burn Fuels plans to spend 100 million dollars to build the facility to turn corn into ethanol near Raeford in Hoke County. It's expected to bring 100 jobs and tax revenue to the rural area.

Company president Jack Carlisle says Clean Burn Fuels will sell ethanol to major oil companies which will blend it into gasoline. Carlisle says the facility will be able to better transport ethanol to distributors in the East than similar plants in the corn-rich Midwest.

The plant is one of four proposed in North Carolina.

But North Carolina State University economist Roger von Haefen says corn ethanol is only economically viable if gas prices remain high and government subsidies continue.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 12189116 -
Gray Television, Inc.