PLAQUEMINE, La.—Gov. Bobby Jindal and Frank Randazzo, COO of NFR BioEnergy, announced on Monday that the company will make a $312 million capital investment to install bio-refineries at more than ten sugar refining hubs in South Louisiana, subject to completing lease and biomass agreements with sugar mills.

“When we took office in 2008, we targeted key industries where we could help existing employers grow and thrive, and that includes our agriculture industry,” said Jindal. “Our sugar cane farmers have used innovation to create a greater product yield through breeding techniques, higher-performing equipment and the daily application of their ingenuity. We are proud to have attracted–for the second time this month–an innovative manufacturer that will be supporting and helping to grow the sugar cane industry here in our state.”

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