Steamboat Rock ethanol plant closes - KWWL - Eastern Iowa Breaking News, Weather, Closings

Steamboat Rock ethanol plant closes

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STEAMBOAT ROCK (KWWL) -- Another eastern Iowa ethanol plant has closed its doors.

Pine Lake Corn Processors ethanol plant stopped operating earlier this week.

The 3-year-old plant near Steamboat Rock employed about 30 people.

Company officials say the drop in corn and oil prices spelled doom for pine lake.   The company is looking for financing and hopes to reopen.

Online Reporter: Dani Blecha

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