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Tag Archives: biodiesel

Biofuel plant fire extinguished; highway to reopen

NEW ALBANY — A fire at a north Mississippi biofuels plant has been extinguished. The fire, put out about 7:30 p.m. yesterday, had been burning since early Wednesday at the plant near New Albany, but no injuries were reported. There were also at least three explosions at JNS Biofuels, formerly known as North Mississippi Biodiesel. “The fire is out,” said ...

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Former investors sue over fraudulent biodiesel company

PONTOTOC — Two former investors in a biodiesel operation in north Mississippi have sued a Tennessee partner alleging they were duped into getting involved in a scam that defrauded a federal subsidy program. The Northeast Mississippi Daily Journal reports W. Tommy Tacker II and Janey Tyner, both of Martin, Tenn., are seeking compensatory and punitive damages. The lawsuit was filed ...

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Norfolk Southern signs biodiesel agreement for rail yard

MERIDIAN — Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, a transporter of coal and industrial products. Norfolk Southern has primarily been using a Dynamic Fuels renewable diesel at its Meridian rail yard since early January. Dynamic Fuels, a 50/50 venture owned by Tyson Foods Inc. and Syntroleum Corporation, ...

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Khosla fires back at Wall Street Journal

By Amy McCullough Quite the heated exchange on the Wall Street Journal editorial page between the editors and venture capitalist Vinod Khosla. In a previous editorial, “The Range Fuels Fiasco,” the WSJ used Khosla’s failed Range Fuels business to say that government shouldn’t get involved with startups. (WSJ is now locked down. Most of the editorial can be found at ...

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Ex-attorney sentenced for biodiesel scam

ABERDEEN — A disbarred Tennessee attorney gets a 26-month sentence for defrauding a federal biofuels subsidy program. The Northeast Mississippi Daily Journal says 67-year-old H. Max Speight was sentenced yesterday in federal court. Speight and William T. “Tommy” Tacker II of Okolona were partners in Biodiesel of Mississippi Inc., which built a soybean biodiesel refinery but went bankrupt in 2006. ...

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Tacker to be sentenced Monday for biodiesel scam

ABERDEEN — William T. “Tommy” Tacker is scheduled to be sentenced Monday for defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi. Tacker was convicted in February in federal court in Aberdeen. He faces up to 50 years in prison. The government says Tacker and a Tennessee attorney, H. Max ...

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Tacker found guilty of bilking USDA

ABERDEEN — William T. “Tommy” Tacker has been convicted of defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi. Tacker was convicted Wednesday in federal court in Aberdeen and faces up to 50 years in prison. Testimony began Monday in the case of the 56-year-old Tacker, who faced 10 counts ...

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Tacker's biodiesel trial underway

NETTLETON — A federal trial is underway for a man accused of defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money. Testimony began Monday in the case of 56-year-old William T. “Tommy” Tacker. He’s accused of 10 counts of conspiracy, fraud and wrongful profiting. The government says Tacker and a Tennessee attorney, H. Max Speight, ...

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Ex-lawyer pleads guilty in biodiesel case

ABERDEEN — A former Tennessee lawyer has pleaded guilty to one count related to his role in defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money. H. Max Speight entered the plea in federal court in Aberdeen. Assistant U.S. Attorney Robert Mims told Judge Glen H. Davidson that a “supplemental plea agreement” was being filed ...

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