date:Jun 13, 2012
utherland, Neb., were furloughed after the plant was idled in February.
Residents who invested in an ethanol plant in Levelland, Texas, have seen their holdings wiped out: The plant, which filed for bankruptcy protection last year, sold for $9.2 million in May, a fraction of the cost to build it four years ago. It is a big chunk of the community's change that is gone, said Richard Levy, a lawyer representing the plant's ownership in the bankruptcy case.