I am not sure if this information was previously posted, so I appologize if this is old.
I know there was some questions about the address associated with Alabama Bio Energy, LLC. If you put the address into Google Maps, it brings up a neighborhood, not the large industrial plant at the end of the street. Back in late 2006, Alabama Bio Energy, Inc. received a $500,000 USDA Rural Development Renewal Energy Program grant for the conversion of the 50,000-square-foot plant located at the site of the former Jacobs Manufacturing cast-iron plant, to a soybean biodiesel production facility. The address associated with Jacobs Manufacturing Co. is the same address presently listed for Alabama Bio Energy, LLC. (311 Edmonds Avenue
Bridgeport, AL 35740)
I am not sure of the difference between the Inc. and LLC. The Inc. was formed on 1/5/06 and filed a name change with the AL Secretary of State to change the name to WFJM, Inc. on 3/13/06. The LLC was formed on 3/13/06. They are two separate legal entities, but I do not know what the purpose of WFJM, Inc. serves. Could possibly be the entity that holds the real estate while the LLC has the equipment / operations.
The only sales information I could find for Alabama Bio Energy was on Manta that says current estimates show the company has an annual revenue of $1 to 2.5 million and employs a staff of approximately 5 to 9.
Does anyone have any other information about this?
I still believe the long-term intent is to supply Chongqing Grain Group Co. Ltd by increasing production (purchasing assets of Alabama Bio) and then the building of the production facility through the JV.
Has anyone tried calling Dr. Freeman to see if the asset purchase is going through?
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