WASHINGTON, Jan. 20, 2012 - Agriculture Secretary Tom Vilsack today announced that USDA has approved a conditional commitment for a $25 million guaranteed loan to build a biorefinery plant with funding support from USDA's Biorefinery Assistance Program. The plant will be constructed by Fiberight, LLC based in Blairstown, Iowa.
"This project is another step the Obama administration is taking to support production of a new generation of renewable fuels, in order to build an active biofuels and biomass production industry in every region of the country," said Vilsack. "Investments in renewable energy create jobs and reduce America's dependence on. . .
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