| Iowa
Farmers are Newest
Domestic Fuel Producers
 Little
Sioux Corn Processors LP, the farmer-owned ethanol plant
in Marcus, Iowa, is advancing the country’s goal of
energy security.
The
plant will process nearly 15 million bushels of corn into
40 million gallons of ethanol each year. Ethanol is sold
nationwide as a clean-burning, high-octane fuel made from
corn. It is environmentally friendly, renewable and improves
vehicle performance. The domestically produced ethanol fuel
creates jobs, lowers gas prices and reduces the need for
foreign oil imports.
Little
Sioux Corn Processors brings a $52 million investment and
29 new jobs to the area. The project received tax incentives
from the Iowa Department of Economic Development’s
New Jobs and Income program.
According
to the Iowa Corn Growers Association, in 2002 Iowa produced
22 percent of the nation’s corn crop – nearly
two billion bushels. Two hundred million bushels of Iowa
corn are processed into ethanol annually.
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