Wste Dive: "Fulcrum will be eligible for a $2.1 million state incentive package once it begins hiring, as reported by the Chicago Tribune, as well unspecified local incentives. The company anticipates 160 permanent jobs.
"BP has signed a 10-year off-take agreement with Fulcrum for that fuel, including distribution through its partner Air BP, and agreed to invest $30 million. Other major backers that have signed on to Fulcrum's plans via investments or fuel off-take agreements include United Airlines (headquartered in Chicago, near the new project), Cathay Pacific and World Fuels Services. The company has also received significant grant funding from the U.S. Department of Defense as well as a loan guarantee from the U.S. Department of Agriculture."
"Fulcrum previously expressed interest in eventually expanding to Houston, Seattle and San Francisco, among other areas."
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