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Company plans to open Alabama's first ethanol plant in Dadeville

DADEVILLE (AP) — Plans were announced Friday to open Alabama's first ethanol plant in Dadeville.

The Alabama Renewable Energy Alliance, LLC said plans are under way to build a 55-million-gallon ethanol plant in the William T. Thweatt Industrial Park, a newspaper reported.

"After 100 years of depending on textiles to support our local economy it is very exciting to see a green economy business venture like this come into our area.," said T.C. Coley, chairman of the Tallapoosa County Commission. The $135 million plant is expected to be ready in the fall of 2008 and employ 40-50 people.

Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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