Probably 10 years ago, a company was looking for farmers to buy in to a not yet built ethanol plant near me. Dad said he thought that would be neat. He thought he'd invest like 20,000 in it, but they told him there was a minimum, and if I recall it was 50 or 60,000 dollars. That kinda scared him off, he wasn't willing to gamble that kind of money. But it was going to be the biggest/best ethanol plant in the midwest!! Yeah right, they went bankrupt after building a few storage bins and a couple small buildings, maybe 10% of the structures they had planned on building. Some people actually did invest though. I would hate to be them. The company who took over their assets just sold the 480 acres and few structures to a large feed/ag supplement company who is currently building what is supposed to be the largest soybean processing plant in the midwest. On their own dime too! Dad said he's sire glad he didn't get mixed up in that one
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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