LanzaTech takes over from Range Fuels

LanzaTech has bought a failing ethanol plant in Soperton, middle Georgia, with plans in motion to breathe new life into the 280-acre industrial site.

After buying the plant for $5.1 million (€3.85 million) at a foreclosure sale, LanzaTech has subsequently met with suppliers and state officials, pushing forward with plans to resume ethanol production.

The company intends to re-hire employees laid off by the previous owner, Range Fuels, which went under even after receiving $90 million (€67.95 million) in federal and state grants and loan guarantees.