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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.

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Making headlines this week

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A look at the big stories that made news this week and the headlines you may have missed.

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Americans are really angry with Washington

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Americans are angry with the handling of issues ranging from healthcare reform to the rise of Islamic State militants.

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Rail Plan Approved

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The state Rail Board approved the new South Dakota rail plan at their meeting this week.

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Siren Project Nixed

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Bidding for the emergency siren project in the lake area of Yankton closed yesterday, but at their meeting yesterday afternoon, Commission members agreed not to go ahead with the project and to reject any received bids.

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Minnesota Farm Bureau Members Lobbying Congress

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Minnesota Farm Bureau members are in Washington D.C. this week making hill visits. Cass County Farm Bureau President Miles Kuschel,…