AGP closure impact HU


Alyssa Saurer of Ayr fills up Wednesday in Hastings.
Gas prices have risen to as high as 3.99 per gallon for
super unleaded.

Hastings Utilities may cut its capital improvements this year to account for the closing of a local ethanol plant.

The Ag Processing Inc. corn processing plant shut down in February because of challenging economic conditions in the ethanol industry.

High corn prices and changes in oil prices have forced AGP and other ethanol plants across the state to reduce production or shut down in recent months.

The Hastings Board of Public Works likely will soon see the impact of AGP’s closure on the utilities budget, as the January and February reports are just now coming in.

 

 

 

 

 


To read more, see Thursday's Hastings Tribune or the Tribune e-edition.>>>


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