Carter County Economic Leaders Are Reportedly Close To Attracting A German Company To The Area. The Unnamed Company Is Being Referred To Only As Red Energy. The Projected 100 Million Dollar Plus Investment Is Expected To Mean 70 New Jobs To Elizabethton. The Company, Which Utilizes New Technology To Create Synthetic Diesel Fuel From Old Tires And Other Carbon Based Waste, Is Looking At The Old Alcoa Plant On Highway 19e. Officials Said The Good Part Is It’s With Zero Emissions. The Plant Is Expected To Produce 20-Thousand Gallons Of Synthetic Diesel A Day. A Formal Announcement Could Come Within The Next 30 To 60 Days.