Sunday, April 19, 2009

NextDiesel responds to Adrian

Interesting Read. Also go to link for entire article. Sorry, I missed the article for a good week, the snow is finally melted here in Hooterville, and I have been wasting my spare time outside!
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ADRIAN, Mich. -
A Biofuel Industries Group executive has fired back after learning about the city of Adrian’s plan to seek legal action against the company for breaching a cost-sharing agreement.
“Maybe if you or some of the (commission) members had invested the millions of dollars we have, taken no salary for three years, signed personally on bank loans, and provided jobs and a boost to the local economy as best we could, then you would be willing to talk to us and have some sensitivity to working with us.”

“Lawsuits or threats to revert the property back to the tax rolls will not only be detrimental to us, but ultimately to the city of Adrian should that inhibit our ability to put the property to productive use,” he said.

“While production is limited, we are working very hard on raising new capital and finding ways to be viable for the benefit of all,” he said. “The entire biodiesel industry is virtually shut down for many reasons, not the least of which is the economy and frozen credit markets.”

Horowitz said the property had been vacant “forever” with no prospects in sight, and none since its purchase on the balance of the adjacent land the city owns.Even though BIG owes the city money for a road improvement, Horowitz said it should have been the city’s responsibility initially, but was “exacted” from the company as a condition of obtaining building permits.

“We believe our overall contribution to Adrian and Lenawee County has been positive.” Horowitz said. “We continue to fight to survive and hopefully prosper in the future, even though we are under great financial and personal strain.”
See Entire Article Here
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Good Luck,
SkunK
ps. Why does this make me think of years ago listening to newlyweds fight next door in a thin-walled apartment. You can't close your eyes while they're fighting, and your afraid if they make up you'll never get any sleep.

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