Ethanol Plant Will Not Be Built in Cumberland County
A company that proposed building a $200 million ethanol plant north of Fayetteville backed out of the deal.
Posted — UpdatedE85 had wanted to build the alternative fuel plant near Ramsey Street. Officials said the plant would have produced 100 million gallons of ethanol per year. Officials also said the plan would have provided 40 jobs and $200 million in tax revenue.
Local residents were concerned the factory would cause an unpleasant odor and could hurt property values.
County commissioners said E85 already had its air quality permit. The company still needed to buy the land and receive its building permit. The vice-president of E85 did not say why the company withdrew from the deal.
The rise in gas prices has left many people scrambling for ways to save money.
"It's pretty high. E85 is a few cents cheaper. You have got to take whatever help you can get," said ethanol user Steve Brown.
Another manufacturer, Agri-Ethanol products, will break ground on a plant in Aurora this summer. Currently, North Carolina has 12 ethanol and 16 biodiesel stations across the state.
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