A southeast Georgia ethanol factory that cost taxpayers $70 million has been sold at a fraction of the cost in a foreclosure sale, leaving millions of dollars in government loans unpaid. The Courier Herald of Dublin reports the Range Fuels facility in Soperton was sold for $5.1 million.
Georgia Ports Authority has signed an agreement with a Canadian firm to upgrade the Port of Brunswick. The Logistec Corporation will spend $5 million to deepen container berths and improve the facility that handles wood pellets. Ports spokesman Robert Morris says, the Brunswick port is close to customers making and exporting wood pellets from the heart of Georgia's timber land.