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May/June 2003

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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