USDA Will Help Fund IA Biodiesel Plant

Cindy Zimmerman

USDA RD Agriculture Secretary Mike Johanns has announced a loan guarantee and grant totaling $3.75 million for construction and operation of a new biodiesel production facility in Iowa.
Riksch BioFuels LLC will construct a plant near Crawfordsville, Iowa. Twenty-five investors, including farmers and business owners, already have raised over $3.3 million for the project and will receive $400,000 from the Iowa Department of Economic Development.

Biodiesel, Government