SIOUX CITY, Iowa (AP) — An Omaha, Nebraska, soybean processor is moving ahead with a $38 million expansion of its biodiesel plant south of Sioux City that will nearly double production of the soy-based fuel.

The Sioux City Journal reports that Ag Processing Inc. is planning the expansion at its Port Neal plant, which was the nation’s first commercial-scale biodiesel plant when it opened in 1996. The plant currently produces up to 30 million gallons per year.

At separate meetings Friday, local and state officials adopted a package of incentives to help finance the biodiesel expansion, which is expected to create three new jobs. The Iowa Economic Development Authority in Des Moines approved $308,000 in added incentives, with $24,000 in loans and $280,000 in increased tax credits.