FEBRUARY 2, 2007 - Posted at 4:00 p.m. CST
PINE BLUFF, AR - An industrial development group says Pine Bluff would make the perfect location for an ethanol plant.
The Chicago-based Industrial Technology Group conducted a feasibility study and concluded a site at the Port of Pine Bluff would provide rail, river and highway access.
Arkansas Farmers Biofuels is developing its board and its business plan.
The company is proposing a facility that would produce 100 million gallons of ethanol annually and would employ 50 people. Construction cost would be $164 million.