Ethanol’s Positive Impact on Rural Economy

Cindy Zimmerman

Nearly 200 area farmers attended a New Holland American Ethanol Producers Club event Wednesday at Absolute Energy, an ethanol biorefinery located near Lyle, Minnesota.

schwarkThe event, which was the 12th held at ethanol plants around the country this year, was designed to introduce producers who provide corn for the plant to the partnership between New Holland, Growth Energy and American Ethanol that offers equipment discounts. It also encouraged those farmers to communicate with their members of Congress the importance of maintaining the Renewable Fuel Standard.

“Growth Energy, the Renewable Fuels Association, Iowa Renewable Fuels Association – they’re working tirelessly every day in support of agriculture and the ethanol industry,” said Absolute Energy president and CEO Rick Schwark. “But there’s nothing like the grower talking to his congressman. It really does have an impact.”

Absolute Energy is a 125 million gallon per year ethanol plant on the Iowa-Minnesota border. Schwark says they additionally produce about 350,000 tons of distillers grains and 4.5 million gallons of corn oil annually – and they help boost the local economy. “We started in 2006, we’re owned by 470 local residents – 75% of those folks are farmers – we’ve had great economic success here and we’re very proud that those economic dollars are staying here in our local community,” he said.

Listen to or download my interview with Rick here and watch the video below of his remarks at the event: Interview with Rick Schwarck, Absolute Energy
New Holland American Ethanol Producers Club photo album

Agribusiness, Audio, Equipment, Ethanol, New Holland, Video