POET will hold a groundbreaking ceremony for POET Biorefining – North Manchester, their ethanol production facility in North Manchester, Ind., on July 13. The ceremony will start with a speaking program at 1:30 PM in the Otho Winger Memorial Building at Manchester College (604 East College Avenue). Following the speaking program, buses will shuttle attendees to a groundbreaking ceremony at the plant site. The public is invited to attend both activities.

The North Central Indiana community of North Manchester is located in Wabash County 40 miles west of Fort Wayne. POET Biorefining – North Manchester, a $130 million production facility, will be located on 200 acres approximately three miles south of North Manchester just east of Indiana 13 between County Roads 800N and 850N.

At 65 million gallons of ethanol per year (MGPY), POET Biorefining – North Manchester will consume 21 million bushels of locally grown corn and produce 178,000 tons of premium Dakota Gold Enhanced Nutrition Distillers Products™. Ethanol marketing for the facility will be provided by POET Ethanol Products and byproducts will be marketed by POET Nutrition. The facility will utilize Norfolk Southern rail service.

North Manchester will be the third site in the state of Indiana where POET has an ethanol plant under construction. A facility in Portland will be completed later this year and one in Alexandria will begin operations early next year. Cumulatively, the three projects represent an investment of more than $350 million in Indiana and will produce 190 MGPY.

About POET
POET, the largest dry mill ethanol producer in the United States, is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. Formerly known as Broin, the 20-year old company currently operates 20 production facilities in the United States with seven more in construction or under development. The company produces and markets more than one billion gallons of ethanol annually. For more information, go to
http://www.poetenergy.com.

# # #