Louisville Lands Kentucky’s Largest Fuel Alcohol Production Facility
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For the People LLC has selected Louisville’s Riverport Development Complex as its new home, making it Kentucky’s largest fuel alcohol production facility and sustainable energies complex. The local, family-owned corporation and Louisville-based design and construction management firm rkm designz, inc. have successfully paralleled their efforts to achieve this goal. |
"Making our final site decision to locate in Riverport was simple, as this project appeared meant to be," commented Kevin Milburn, president of rkm designz, inc. "This $75 million project will have a huge impact on our community. Metro Louisville economic development leaders, along with the state of Kentucky, local businesses and the general community have embraced this futuristic vision as this will become one of the first urban-based ethanol production facilities in the United States."
The company plans to construct a new dry mill ethanol production facility to produce liquid ethanol biofuel from corn. They propose to acquire approximately 16 acres in the Riverport Industrial Park and construct a 60,000 square-foot facility. The project will create 60 new full-time jobs for the Metro Louisville area.
"This facility will ship the final liquid product with little if any transportation costs," explains Jennifer Wethington, one of the owners of For the People LLC. "The remaining by-products of CO2 and DDG (dry distillers grains) produced during the processing stage are also recycled and sold as dry ice and premium feedstock."
"We are thrilled to have an innovative new company start operations in Kentucky," said Governor Ernie Fletcher. "The fact that they chose to open this new venture in Louisville speaks volumes about the business climate and workforce their hometown area has to offer."
"It’s great that local entrepreneurs are investing in our community – and creating an alternate fuel for our state and our nation," added Louisville Mayor Jerry Abramson.
The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved For the People LLC for tax benefits up to $1.2 million under the Kentucky Industrial Development Act (KIDA), an incentive program designed to attract and expand manufacturing operations in the state.
The project was also preliminarily approved by KEDFA to receive up to $400,000 in benefits under the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies making an investment of $500,000 or more in Kentucky to recoup Kentucky sales and use tax on the cost of construction materials, building fixtures and equipment used for research and development.
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