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Gloster signs lease for biofuels plant

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GLOSTER, Miss. (AP) — The town of Gloster has signed a lease with Drax Biomass International for its Amite BioEnergy wood pellet plant. The Enterprise-Journal reports that the 15-year lease calls for the company to pay the town $8,000 per year for the first 10 years and $9,000 for the next five. There are options to continue the lease at $10,000 per year for the next 10 years and $11,000 per...

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