Clay County Group Continues to Seek Investors for Biofuels Facility - KAIT Jonesboro, AR - Region 8 News, weather, sports

Hoxie, AR

Clay County Group Continues to Seek Investors for Biofuels Facility

HOXIE, AR - At least 36 people have already invested in planned soybean oil and biodiesel plant in Clay County.

The Natural Fuels plant is being planned for a 65-to-70 acre tract in the Corning Industrial Park.  The plant is expected to cost up to $100 million and will provide a local market for soybeans.  The plant will also extract oil, sell soybean meal and process biodiesel fuel.

Natural Fuels is seeking 200 investors to buy shares of $10,000 each.

The facility is planned for Corning.

An information session was held last night in Hoxie, and another is set for tomorrow night in Paragould, and on August 2 in Poplar Bluff.

(The Associated Press contributed to this report.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Bryant gallops home, Cubs rally in 8th, edge Cardinals 3-2

    Bryant gallops home, Cubs rally in 8th, edge Cardinals 3-2

    Sunday, July 23 2017 10:09 AM EDT2017-07-23 14:09:19 GMT
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)

    Kris Bryant galloped home from first base on Anthony Rizzo's bloop double, capping a three-run rally in the eighth inning that sent the Chicago Cubs over the St. Louis Cardinals 3-2 Saturday in the ever-tightening NL...

    Kris Bryant galloped home from first base on Anthony Rizzo's bloop double, capping a three-run rally in the eighth inning that sent the Chicago Cubs over the St. Louis Cardinals 3-2 Saturday in the ever-tightening NL...

  • ASP: One dead, two injured in crash

    ASP: One dead, two injured in crash

    Sunday, July 23 2017 9:53 AM EDT2017-07-23 13:53:01 GMT
    Sunday, July 23 2017 10:07 AM EDT2017-07-23 14:07:16 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    A White County woman was killed and two others were injured Saturday night in a two-vehicle accident, according to a preliminary fatality report from the Arkansas State Police.

    A White County woman was killed and two others were injured Saturday night in a two-vehicle accident, according to a preliminary fatality report from the Arkansas State Police.

  • Jonesboro fire crews battle blaze downtown

    Jonesboro fire crews battle blaze downtown

    Saturday, July 22 2017 9:17 PM EDT2017-07-23 01:17:09 GMT
    Sunday, July 23 2017 8:57 AM EDT2017-07-23 12:57:40 GMT
    (Source: KAIT)(Source: KAIT)

    Fire Chief, Kevin Miller, said at the scene there were no reported injuries. 

    Fire Chief, Kevin Miller, said at the scene there were no reported injuries. 

Powered by Frankly