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Published March 05, 2012, 09:24 PM

Grafton Ethanol Plant Could Re-open

(WDAZ-TV) - The former Alchem Ethanol plant in Grafton could re-open later this year. When it does, it will be turning sugar beets into the alternative fuel instead of corn.

By: WDAZ Staff Report, WDAZ

(WDAZ-TV) - The former Alchem Ethanol plant in Grafton could re-open later this year.

When it does, it will be turning sugar beets into the alternative fuel instead of corn.

An Iowa-based energy investment group called Energae LP has signed and agreement to buy the mothballed plant, and will soon be looking for North Dakota investors.

Capital raised from those investors would be used to refurbish the plant.

The Grafton plant first opened in 1985. It was closed in 2007.

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