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1st Ethanol Shipment
Photo Credit: Courtesy of the Borrower

American Process Inc.

Alpena, MI
August 2011

Construction and operation of a demonstration cellulosic ethanol bio-refinery, by a woman-owned bio-techfirm specializing in cellulosic ethanol technologies and energy optimization. At full capacity, the facility will produce approximately 850,000 gallons/year of cellulosic ethanol and 700,000 gallons/year of aqueous potassium acetate, reducing waster output of a local hardboard manufacture and reducing green house gases.

 

Project Facts:

CCML Financing: 
$18,151,693
Financing Program: 
Federal New Markets Tax Credits
Tax Credit Investor(s): 
Wells Fargo Community Investment Holdings
Other CDEs: 
One Partner CDE

Community Benefits:

Permanent Jobs Created/Retained: 
33
Construction Jobs Created: 
105
Green Energy Or Alternative Fuel Generation: 
850,000 GLs/ Year