USDA and Bootheel Bank Partner for $400,000 Bio-Diesel Venture

LILBOURN, MO - The USDA, the Bank of New Madrid and Great River Soy Processing have all joined together in a venture that will result in the construction of a bio-diesel production facility projected to begin operations this fall in Lilbourn.

On Friday, Missouri Rural Development State Director Greg Branum was joined by 8th District Congresswoman Jo Ann Emerson and Senator Rob Mayer to present a mock check in the amount of $400,000 to the Bank of New Madrid and Great River Soy Processing.

"One of the most important things we can do for our nation and for southern Missouri is invest in value-added agriculture that advances U.S. energy security.  The Great River Cooperative is emerging as a regional leader which will make a significant contribution to American energy independence while creating a new market for southern Missouri soybean crops," said Emerson.  "I'm proud to support this investment in our part of the state."