Atlas Oil Opens Second Ethanol Transloading Terminal
TAYLOR, Mich. -- Atlas Oil Co. opened its new ethanol transloading terminal in La Feria, Texas marking its second such location in the company opened in a little more than a year. The first plant opened in Albuquerque, N.M. in August 2009.
Atlas is expanding its ethanol transloading terminal network as domestic ethanol production is forecasted to increase on the heels of the extension of a 45-cent-per-gallon federal subsidy that pays fuel makers for using ethanol.
The Texas location will service three primary fuel terminal markets in Brownsville, Harlingen and Edinburg, Texas. The terminal sits on the Rio Valley Switching Company Railroad and receives product primarily from the Union Pacific Railroad. Atlas’ La Feria terminal has the capacity to offload more than 150 cars per month, or more than four million gallons of ethanol, according to the company. Three employees/drivers are currently working at the site and Atlas plans to hire more workers.
"Atlas Oil’s expansion into the ethanol transloading business is yet another example of how we develop our customer relationships and leverage transportation resources for a fueling advantage," said Mike Evans, executive vice president of Atlas. "We are actively pursuing a strategy that will expand our ethanol distribution in pivotal locations to meet our customers’ needs."