[Masthead] ~ 63°F  
High: 66°F ~ Low: 53°F
Wednesday, May 4, 2016

Shares available at area ethanol plant

Tuesday, October 3, 2000

More details have been released about a $20 million, 15 million gallon ethanol plant in the Galva area. Officials for Quad County Corn Processors (QCCP) have been conducting meetings throughout the past week to promote the farmer-investor owned facility.

In the past week QCCP has conducted informational meetings throughout the four county area of Buena Vista, Cherokee, Ida and Sac Counties. Delayne Johnson, a director for the Quad County Corn Processors, said this is a project 18 months in the making.

"We started this project looking at keeping value in Northwest Iowa instead of shipping our corn out of the area," he said. "Our mission is to add value to corn in West Central Iowa."

President of the Quad County Corn Processors, Randy Hustedt, said the project will be a benefit for producers throughout the four county area.

"We have a plan - we are progressing - we're the only ethanol plant offering shares right now," Hustedt said. "We have tried to develop a plan that would work for farmers and investors."

One of the advantages of a farmer-investor owned - local control.

"All of the profits are retained locally as opposed to outside investors," Johnson said.

The proposed site for the facility is two miles south of Galva, at the junction of M-25 and Highway 20. Preliminary engineering has been done on the site. They hope to break ground this fall, with construction slated to last 15-18 months.

Some of the plant's features would include taking high-moisture corn, as well as offering animal feed byproducts to area cattle and dairy producers. The plant could also process dry corn.

Read the rest of this article in the 10/03 Pilot Tribune.