Broin Companies Schedules Premier Ethanol, LLC Ground Breaking Ceremony

Wednesday, July 26, 2006

Sioux Falls, SD - The Broin Companies announces the ground breaking ceremony for Premier Ethanol, LLC to be constructed near Portland, Indiana. A program will be held at Arts Place, 131 E. Walnut Street in Portland at 1:30 p.m. on August 3, 2006.

Invited speakers for the program include Lt. Governor Becky Skillman, State Representative Bill Davis, Portland Mayor Bruce Hosier, Ron Lamberty from the American Coalition for Ethanol, and Matt Hartwig of the Renewable Fuels Association. Jeff Broin, CEO of the Broin Companies, will also address the audience.

A ground breaking ceremony will be held immediately following the program at Premier Ethanol’s construction site: 2701 W. State Road 67. The public is invited to attend both activities.

Premier Ethanol will produce 60 million gallons of ethanol per year (MGPY) and is expandable to over 100 MGPY. The facility will consume more than 21 million bushels of corn from the area and will provide approximately 40 high quality jobs with an annual payroll of approximately $1.8 million. The facility will also produce approximately 178,000 tons of premium Dakota Gold Enhanced Nutrition Distillers Products™ for regional, national, and international markets. This project will contain many of the Broin Companies’ new technology innovations including BPX™.

Site development and preparation activities are moving forward at a brisk pace. Completion is projected for summer 2007.