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Plans for ethanol plant on hold.
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[quote]QUOTE: <i>Originally posted by chad thomas</i> <br /><br />[quote]QUOTE: <i>Originally posted by James_the_Mad</i> <br /><br />I'm amused that 2-3 mil for the siding would derail a $140 mil project. That adds what, 2% to the overall cost of the project? Was their guesstimated profit margin that thin to start with? <br />[/quote] <br /> <br />I was wondering the same thing. Thats like saying you can't afford to build your new $300,000 home because the $3,000 cost of the driveway. Lame. I think they are just playing games hopeing to have someone else pay the tab. <br /> <br /> <br />[/quote] <br /> <br />UP can give this customer the truth serum by simply requiring the Ethanol folks to enter into a written guarantee of carloadings adequate to allow UP a return on their investment. If they are willing to pay a per car surcharge to make the rehab worth UPs while I'm sure UP would do it. If not, they are simply trying to force someone else to pay their way, a common tactic of rail customers too used to transportation by highway... <br /> <br />LC
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