A $306,000 grant for the city of Manchester from the Iowa Transportation Commission (ITC) was announced by ALL Fuels & Energy Company. The grant will be used on road improvements for the AFSE’s proposed 100 million gallon per year ethanol production facility.
An AFSE subsidiary was previously awarded assistance from the city of Manchester with a 10 year property tax abatement, sewer service and roadway improvements in and around the facility site totaling $6.6 million. Likewise for that same subsidiary, the Iowa Department of Economic Development has allowed a $10.4 million sales and use tax credit for the creation of high quality jobs.
Dean Sukowatey, President of AFSE, stated, “We are pleased that the City of Manchester has received this grant for roadway improvements. Our momentum in Manchester remains strong. We continue to work towards finalizing a rail plan for a spur to be built directly into the proposed plant site.”
Let us hear your thoughts: ALL Fuels & Energy Company Message Board