Incoming, Inc. (ICNN.OB) Acquires North American Bio-Energies LLC; Marks Entry into Alternative Energy

In the company’s news yesterday,

Incoming, Inc. announced that it has acquired North American Bio-Energies LLC (NABE), owner of Foothills Bio-Energies in NC. An alternative energy firm, this acquisition marks Incoming’s powerful entry into the alternative energy industry.

Currently North Carolina’s largest producer of biofuel, Foothills Bio-Energies does more than just provide fuel to the western part of the state – the company also nutures their growing industry by serving as a test bed for new biodiesel production technology. Led by lifelong oil-man and current PAC Chairman of the Petroleum Marketers’ Association of America Sam Bell, Foothills is the embodiment of innovation in the biodiesel industry. The company uses local feedstock as their raw material, reducing transportation costs for raw materials and providing the maximum return to the local economy.

In addition to operational innovations, the company is a significant contributor to the biodiesel industry’s growth. In partnership with Appalachian State University, Foothills is currently part of a study designed to determine which feedstock oils are best suited for production and processing in the regional economy. The company has also provided a portion of their facility as a testing ground for a prototype technology that will be commercialized at a 66-million-gallon-per-year facility slated for Wilmington, NC.

Incoming, Inc. CEO Ephren Taylor commented, “The time was right for us to make this move — acquisition of NABE poises Incoming to be at the forefront of the upcoming alternative fuel movement. With Congress’ passing of the American Clean Energy and Security Act in 2009, it is clear that 2010 will mark a spike in the demand for biodiesel as industry giants push to meet new emission standards. We are proud to be a part of a business initiative that is not only fiscally sound, but will have a beneficial impact on the environment.”

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