Wednesday, July 13, 2011
Fulton developer Boyd Ware told the Fulton City Council Tuesday night he has secured tentative financing underwritten by the Mexican government for a new biodiesel plant in northwest Fulton and he hopes to start construction in perhaps six months.
After learning Ware is close to securing financing, the Fulton City Council voted 6 to 1 to rescind its action at their last meeting asking Ware to give back the old Harbison-Walker refractory property that the city deeded to him almost four years ago for the purpose of constructing a biodiesel plant.
The only dissenting vote was Councilman Wayne Chailland.
Bruce Hackmann, president and chief executive officer of the Fulton Area Development Corporation, said he believes the new plant will create about 20 jobs in Fulton and eventually expand to about 50 jobs.