The Augusta Economic Development Authority announced that Eco-Energy, a leading biofuel marketer and logistics company in North America, will build a new biofuel blending facility on Dixon Airline Road in Augusta. The new facility is expected to initially hire 5 employees, with that number possibly doubling, and have an investment of $10,000,000. 

Eco-Energy is one of the largest ethanol traders in the world, with a significant presence in the United States and Brazil. With 20 years of history, Eco-Energy operates in the marketing and distribution of biofuels, with solutions including exclusive alliances with ethanol producers, logistics, and marketing services to the downstream U.S. fuel distributors. Eco-Energy currently handles 9% of the U.S. ethanol market, with annual sales of over US$3 billion and has strong relationships with producers and access to the most relevant markets and customers, due to an efficient operating platform, best in class resources, and focus on distribution and logistics. 

In making the announcement, Augusta Economic Development Authority Chairman Henry Ingram said, “Eco-Energy is one of those solid companies with more than two dozen facilities in North America with access to over 600 terminals. The Augusta facility will redistribute biofuel to blending operations to meet government required fuel blends.” 

Eco-Energy handles inbound and outbound scheduling, inventory management, and operating complexities associated with moving product through the biofuels supply chain. Eco-Energy handles more than 25,000 railcars and 60,000 trucks per year, with access to more than 800,000 barrels of storage nationwide.