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Laurel Nebraska Biocomposite Plant Receives USDA Rural Development Loan

Laurel Nebraska Biocomposite Plant Receives USDA Rural Development Loan

A ribbon cutting and open house was held late last week for Laurel Bio Composites in Laurel, Nebraska. The company uses distillers grains to produce a pellet and powder product used in plastics.  CEO Tim Bearnes says with the help of a $ 5 million local bank loan and $6.9 million in a USDA rural development loan the company was able to complete phase one of their two phase project.

Bearnes says they get their ethanol byproduct needed for their product through a local company.

Bearnes says most of the customers they serve are in the United States but they also work with companies in New Zealand and recently participated in the Governor’s trade mission to China.

Recent Headlines

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Winter Weather Returns

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…WINTER WEATHER ADVISORY IN EFFECT FROM 3 PM THIS AFTERNOON TO NOON CST SUNDAY… THE NATIONAL WEATHER SERVICE IN SIOUX…

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Making headlines this week

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A look at some of this week's biggest stories and the headlines you may have missed.

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South Dakota Democrats Talk Medicaid Expansion

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Medicaid expansion continues to be on the South Dakota legislative agenda.

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House Education Committee Repeals Foundation Funding

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The South Dakota House Education Committee voted to repeal the foundation funding legislation.

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Lots Of Lobbying On Gas Tax Proposal

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One Iowa State Senator says the lobbying has been intense as the legislature prepares to take up a proposal to increase the state gas tax.