The factory is found in Oromiya Regional State in Horro Guderru Wellega Zone, Abay Chomen District in Fincha Rift Valley around 350 Kilo Meters away from the capital – Addis Ababa. Feasibility study including the topography and soil content of the area was conducted by Bukers Agricultural International Ltd. of Britain since 1978 while the project work had started in 1989. The finance needed to construct the factory was secured from the African Development Bank & African Development Fund; governments of Australia & Spain and domestic banks of the nation. Fincha River which is generating hydro electric power and then made reach the rift valley to water the sugarcane plantation field of Fincha Sugar Factory finally goes to Nile River as a tributary. The Factory’s command area is 67,098 hectares.
The factory started production in 1998 and till July, 2013 the average annual production capacity of Finchaa Sugar Factory was 110,000 tons of sugar while it had the capacity of producing 8,000 meter cube ethanol. Till the last months of 2010 it had been the only factory in the country that produces ethanol.
The factory has carried out expansion projects both on its sugarcane plantation field and its sugar mill. Hence it has come up with a plant of 12,000 TCD design capacity capable of annually producing 270,000 tons of sugar and 20,000 meter cube ethanol. The Mill’s previous design capacity was 5,000 TCD. To acquire and cultivate cane cultivation field capable enough to feed the expanded plant with more than double crushing capacity.
The factory’s agricultural expansion project has been carried out around the areas known as East Bank (eastern side of Finchaa River) , Neshie and also on the idle areas found on the Western side of the river. The factory, therefore, in near future will bring its total sugarcane plantation land which had been only 12,170 hectares close to 21,000 hectares. The cultivation land expansion job has enabled the factory to expand its cane covered land to more than 19,000 hectares till 2016. The Factory produces 31 Mega Watt electric powers out of which 10 Mega Watt is exported to the national