Biofuel Energy Corp.
February 21, 2013
BY Biofuel Energy Corp.
Biofuel Energy Corp., an ethanol production company, has announced that it has reduced staffing at its Fairmont, Minn., ethanol facility, resulting in the elimination of approximately 40 full-time positions. The plant ceased ethanol production in September 2012, and will continue to operate its adjacent grain storage facility with its remaining employees. The company now expects the Fairmont plant to remain idle until this year's harvest season. The company reported that its second plant in Wood River, Neb., continues normal operations with full staffing.
BioFuel Energy currently has two 110 million gallons per year ethanol plants in the Midwestern corn belt.
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