Posted by oleblu on February 03, 2008 at 07:45:56 from (72.26.75.71):
In Reply to: ethanol plant failure posted by billonthefarm on February 03, 2008 at 06:15:53:
There are more details to this story than the paper puts into print. NO, I'm not an interested party, but have heard of some of the things going on behind the scenes that were factors in their downfall. The rail line that SHOULD service this plant is held up in court over a squabble between 2 railroads, leading to NO ONE able to use it. A piece of machinery that would have been unloaded ON SITE needed to be TRUCKED in at an additional cost of $50,000. Was that in the paper? During the timeline of the plant the price of material (steel) has skyrocketed. No one could have predicted that. Payments to the contractors were staged to go along with the work completed. The payments were withheld due to slow progress on the contractors part. Was that reported? When the contractors left, they took the software to run the place. Was that in the story? YES, there were some VERY BAD judgements made early on in the funding of the project. Is that in the story? Sure! I think the paper needs to get MORE FACTS into their article and then report it ALL.
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