Mon. May 29th, 2023
A number of lake area petroleum companies are getting a boost from the Federal Government’s BioFuels grant program.
They include Casey’s, who received just under $5 Million Dollars towards replacing some 346 fuel dispensers at 70 fueling stations across the Midwest.
It also includes Kum and Go, who got just over $1.5 million dollars, Home Services Oil Company, who got just under $500,000 and Scrivener Oil Company, who got just over $137,000.
The goal of the grant is to help business expand their biofuel options at the pump.
Overall, there were $22 Million dollars handed out to 14 states.
JEFFERSON CITY, MO, Oct. 29, 2020 – U.S. Department of Agriculture Administrator of the Rural Business-Cooperative Service Rebeckah Freeman Adcock was in central Missouri today to celebrate Higher Blends Infrastructure Incentive Program (HBIIP) grants recently awarded to six businesses that serve rural Missourians.
“The Higher Blends Infrastructure Incentive Program supports American farmers and boosts rural economic development by creating infrastructure to expand the sale and use of ethanol and biodiesel,” said Freeman Adcock. “The investments being recognized today are among $22 million awarded in the program nationwide, expected to increase ethanol demand by nearly 150 million gallons annually.
“Moreover, several of these awards were made possible due to application and funding assistance from long-standing partnerships with key state partners. We thank the Missouri Department of Agriculture, Missouri Agricultural and Small Business Development Authority, Missouri Soybean Association, and Missouri Corn Merchandising Council for being instrumental in sharing this new program with applicants. Under the leadership of President Trump and Agriculture Secretary Perdue, USDA is committed to being a strong partner to rural communities, because we know that when rural America thrives, all of America thrives.”
Six grantees will provide services in Missouri:
In addition to Missouri, 13 other states received HBIIP grants: California, Florida, Iowa, Illinois, Indiana, Kansas, Kentucky, Minnesota, Nebraska, New York, Ohio, Utah, and Wisconsin.
USDA plans on announcing additional HBIIP investments in the coming weeks.
The Higher Blends Infrastructure Incentive Program helps transportation fueling and biodiesel distribution facilities convert to higher ethanol and biodiesel blends by sharing the costs related to the installation of fuel pumps, related equipment and infrastructure.
Eligible applicants include vehicle fueling facilities such as local fueling stations, convenience stores, hypermarket fueling stations, fleet facilities, fuel terminal operations, midstream partners and distribution facilities. Higher biofuel blends contain greater than 10 percent ethanol or five percent biodiesel by volume.
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas.
Contact USDA Rural Development
Information on programs available through USDA Rural Development is available by visiting www.rd.usda.gov/mo, by calling (573) 876-0976, or by emailing RDMissouri@usda.gov.
USDA Rural Development has 25 offices across the state to serve the 2.2 million residents living in rural Missouri. Office locations include a state office in Columbia, along with local offices in Butler, Charleston, Chillicothe, Clinton, Dexter, Eldon, Farmington, Higginsville, Houston, Kennett, Kirksville, Maryville, Mexico, Moberly, Neosho, New London, Poplar Bluff, Richmond, Rolla, Sedalia, Springfield, St. Joseph, Troy, and West Plains.
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