Monday, September 29, 2008
SIOUX FALLS, S.D. (September 29, 2008) – On October 24, POET will host a grand opening event for POET Biorefining – Marion, a $130 million ethanol production facility near Marion, Ohio. It will be the 26th POET production facility and the third in the state of Ohio. The program is open to the public and will include addresses from U.S. Senator George Voinovich and U.S. Senator Sherrod Brown.
The event will be held at the facility (1660 Hillman-Ford Road) with guided public tours beginning at 9:30 a.m. At 10:45 a.m. the crowd will be treated to a flyover from the Vanguard Squadron – the world’s only 100 percent ethanol-powered aerobatic fleet. The speaking program, featuring POET CEO Jeff Broin, will start at 11:00 a.m. and lunch will be served by Country Catering from 12:00 to 1:30 p.m. Tours will resume at 12:30 a.m. and run through 2:30 p.m.
Schedule of events:
9:30 – 10:45 a.m. Public tours
10:45 a.m. Vanguard Squadron Fly-over
11:00 a.m. – noon Speaking program
Noon – 1:30 p.m. Lunch
12:30 – 2:30 p.m. Public tours
Attendees will also be able to view a life-sized replica of the #17 Ethanol Car from the Indy Racing League that is co-sponsored by POET. Public parking for the event is available at 1600 Marion Bucyrus Road in Marion. Buses will run to and from the public parking place and the facility throughout the day.
POET Biorefining – Marion will produce 65 million gallons of ethanol per year from more than 22 million bushels of local corn and provide around 40 jobs with an annual payroll of approximately $2 million. It will be the third ethanol plant opened by POET in Ohio. Once the Marion facility is operational, POET’s annual production capacity will be 1.54 billion gallons.
The largest ethanol producer in the world according to the Renewable Fuels Association, POET is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. The 20-year old company currently operates 24 production facilities in the United States with two more under construction. The company produces and markets more than 1.4 billion gallons of ethanol annually. For more information, go to http://www.poet.com