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OVERTON, Neb.-

Plans to build a 5 million-gallon biodiesel plant in Dawson County have fallen through.

“I hate to say it’s dead, but that’s it,” said Overton Village Attorney Byron Falleson.

Nebraska Gold-Biodiesel LLC had planned to build the plant about 11 miles northwest of Overton.

Hugh Stirts, small business and public assistance coordinator for the Nebraska Department of Environmental Quality, said that as of February, state records show the plant status as “disbanded.”

Paul Stieb of Hillside Farms said he still owns the land where the plant would have been built.

“It doesn’t look like it’s going to go, at least not at this time,” he said.

Stieb said chief executive Joe La Very of Nebraska Gold-Biodiesel told him he decided not to buy the land for several reasons, including “higher commodities and it won’t cash flow.”

Efforts to reach La Very on Saturday were unsuccessful.

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Information from: Kearney Hub,

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