More details about the proposed ethanol plant near Tama have been released. Chris Miller, C-E-O of “Alpha Holdings,” says it’s a progressive plan. Miller says they’ll get a fifty-Million-gallon plant up and running, then expand it to 100-Million. The whole thing could break ground within 9 -months to a year from now.
Miller clears up just where the builders propose to put the new facility, near the site where several owners have run a meatpacking plant but gone out of business.
Iowa Beef had some prospective buyers for their property, so Miller says they bought the property right next door. He says the plant will have a big impact on the community, with 80 jobs and a three-point-six-million-dollar payroll.
Miller says the taxes alone are going to be a big boost. He says there are studies of the impact an ethanol plant has on a local community “and it’s rather substantial.” He says they’ll begin an equity drive within the next couple of weeks and if it’s very successful they might build the larger 100-million-gallon plant right away. Miller says Alpha Holdings also is working with officials in Adair County on plans to build a second plant near Adair.