Fergus Falls ethanol plant, among others, still facing dire financial situation
FARGO - The U.S. ethanol industry's woes have hit the Otter Tail Ag Enterprises ethanol plant in Fergus Falls, Minn.
The plant faces serious financial difficulties, including debt of nearly $650,000 to Otter Tail County.
Though the industry's prospects are improving, plants nationwide are still struggling after "an imperfect storm" of factors last year, said Ron Lamberty, vice president of the Sioux Falls, S.D.-based American Coalition for Ethanol, an industry trade group.
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