Fagen to build KAAPA Ethanol, LLC plant

By | February 01, 2002
KAAPA Ethanol LLC has announced the successful completion of an investment drive to raise funds to construct an ethanol facility near Kearney, Nebraska. "We are excited to report that all 1500 shares offered for sale have been subscribed to and that majority control of the company resides with farmer investors," stated a KAAPA press release.

With favorable construction weather production is set to begin midyear 2003. The KAAPA facility - which will be built by Fagen, Inc. of Granite Falls, Minn. - will produce 40 mmgy and employ over 30 people.