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NOVEMBER 2008
Northern Ethanol finds new home in Niagara Falls
Northern Ethanol, LLC, a wholly owned subsidiary
of Northern Ethanol, Inc., has announced that it
has entered into an agreement to acquire a 70-acre
site from Praxair, Inc. in Niagara Falls on which
it will locate its ethanol plant. The property is
served by CSX Rail, St. Lawrence Seaway dockage,
adjacent interstate highways, and abundant low cost
water and other services.
In May, the Niagara Falls Ethanol project was approved
for 9,000 kilowatts of low-cost hydro-electric power
from the New York Power Authority, with a saving
of approximately $35 million over the life of the
contract.
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