James Monroe Capital to build $1.6 Million ethanol plant

James Monroe Corporation has announced that construction of another ethanol plant is to begin ahead of schedule, starting January 3, 2007, by Diversified Ethanol. The new A500 plant will produce a minimum of 500,000 gallons per year. New technologies that will be included in the plant are its own (patent in progress) biofiltration units, remote computer monitoring, cold microwave technology, and possibly cogeneration.