USDA loan program 'creates' jobs for $2.5M each
Washington Examiner ^ | 1/26/12 | Joel Gehrke
Agriculture Secretary Tom Vilsack today announced his second bio-fuels loan guarantee in a week, revealing that the Agriculture Department (USDA) is slated to loan an Oregon biorefinery $232.5 million for a project expected to create 65 jobs and support 38 others. "This project and others like it will help to establish a domestic advanced biofuels industry that will create jobs here at home and open new markets in the Pacific Northwest and across America," Vilsack said in a statement. ZeaChem Boardman Biorefinery, LLC (ZBB), "must meet specific conditions before the 60 percent loan guarantee can be completed."
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