Missouri Agricultural and Small Business Development Authority Announces Project Funding

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the Missouri Agriculture and Small Business Development Authority announced that it has invested more than $2 million in projects that increase the distribution and use of higher blends of ethanol and biodiesel in the state of Missouri. Expenses incurred in constructing, installing, upgrading, or retrofitting fuel dispensers/pumps, storage tanks, and other infrastructure located in Missouri have been eligible for partial funding from the MASBDA.

A portion of these projects received funds from USDA Rural Development’s Higher Blends Infrastructure Incentive Program and matching funds from the Missouri Corn Merchandising Council or the Missouri Soybean Merchandising Council.

Projects receiving funding to increase the availability of B6 or higher biodiesel blends include:

  • Fuel Marketing Company, Willow Springs, $14,077.10 – computer hardware and software used to increase volume at biodiesel terminals.
  • MFA Oil Company, Colombia, $37,125 – the purchase and installation of a heated tank above ground in a fuel distribution facility.
  • Magellan Pipeline Company, LP, Tulsa, OK, $220,000 – the addition of biodiesel storage at a terminal in Missouri.
  • Deluxe Truck Stop LLC, St. Joseph, $40,854.55 – installation of an underground storage tank and four fuel dispensers at a point of sale.
  • Wilmoth Oil Company, LLC, Mount Vernon, $250,000 – installation of a new biodiesel dispenser and an underground B99 tank in a new outlet, and a new storage tank in an existing outlet.
  • River Bend Fuels, Cape Girardeau, $250,000 – installation of a new biodiesel pump and an aboveground B99 tank for bulk blending.
  • Parson’s Oil Co. LLC, Leadington, $130,089.44 – installation of new biodiesel dispensers and an underground storage tank at a retail outlet.
  • American River Transportation Co. LLC, St. Louis, $250,000 – upgrades to a biodiesel terminal to allow for increased throughput.
  • Dash Energy Resources, Individual, $88,901 – installation of fuel dispensers, underground biodiesel storage tanks and related equipment for a new service station.
  • Cole County, Jefferson City, $8,708.12 – installation of a new biodiesel pump and above ground storage tank at the county fleet facility.
  • Landes Oil Inc., Jamesport, $95,464.87 – installation of an aboveground biodiesel storage tank and blend control equipment to enable the sale of higher biodiesel blends.

Projects receiving funding to increase the availability of higher blends of ethanol, including E15 or E85:

  • Home Service Oil Co., Barnhart, $178,200 – installation of new storage tanks and fuel dispensers in four points of sale.
  • Scrivener Oil Company, Inc., Ozark, $54,931.25 – installation of new storage tanks and fuel dispensers in two points of sale.
  • Casey’s General Stores, Inc., Ankeny, IA, $122,056.28 – installation of fuel dispensers in seven Missouri outlets.
  • Liter’s VP, LLC, Center, $16,987.58 – installation and modernization of fuel dispensers and a storage tank in a retail outlet.
  • Kum & Go, LC, Des Moines, IA, $73,150 – installation of fuel dispensers in two Missouri outlets.
  • Parsons Oil Co. LLC, Leadington, $33,412.50 – installation of a new storage tank and fuel dispensers at a point of sale.
  • Dash Energy Resources, Individual, $180,500 – installation of fuel dispensers, underground storage tanks and related equipment for a new service station.
  • Love’s Travel Stops & Country Store, Oklahoma City, OK $55,000 – one retrofitting existing fuel dispensers at four Missouri sites to enable the sale of E15.

Funding for biofuels infrastructure is provided by contributions made to MASBDA through the purchase of tax credits and by funds made available by the Missouri General Assembly.

For more information on financial assistance offered by the Missouri Agricultural and Small Business Development Authority, please visit Missouri Agricultural and Small Business Development Authority website. For more information about the Missouri Department of Agriculture and its programs, visit the Missouri Department of Agriculture website.



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