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April 16, 2008 | Jim Lane | Comments 4

ICM lays off 105 ethanol plant construction staff as slowdown continues

In Kansas, the leading designer of ethanol plants, ICM, announced a layoff of 105 employees, or 16 percent of its workforce, due to the downturn in plant construction activity.  The company cites commodity market and financing issues as factors which had slowed construction activity by the company, which until this year had been rapidly expanding.

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