Media :: MSE in the News
CLINTON, IND., December 19, 2006
Vermillion County Economic Development
Council (VCEDC) announced today that Indiana based Morning Star
Energy, LLC is planning to build a 100 million gallon per year fuel
ethanol plant near Clinton, Indiana.
Morning Star Energy’s project is
contingent upon approval of local and state regulatory permitting.
The Indiana Economic Development
Corporation (IEDC), Vermillion County and the Vermillion County
Economic Development Council worked together to assist Morning Star
with their decision to locate the ethanol plant in Indiana.
“After reviewing several potential sites
in other counties in Indiana we have been extremely pleased with the
cooperation and professionalism of the Vermillion County Economic
Development Council staff. Their efforts helped secure an excellent
location for a fuel ethanol production facility,” said Brian D. Paasch,
Morning Star Energy LLC manager. “We found the essential elements
needed for a successful ethanol plant near Clinton. Rail, water, an
abundant corn supply, easy highway access, natural gas and a ready
workforce,” Paasch added.
Morning Star Energy LLC expects to
invest approximately $180 million to build the new facility, which
will employ between 40 and 50 people. In addition Morning Star will
purchase approximately 36 million bushels of corn each year.
“The Vermillion County Economic
Development Council is extremely pleased to welcome Morning Star to
Vermillion County,” said Executive Director, Ed Cole. “The forty plus
jobs, the huge investment coupled with the annual corn feed stock
purchase, and the contribution of tax revenue to local government will
have a positive impact on the Vermillion County economy for years to
come,” Cole said.
According to Paasch, Morning Star
anticipates plant construction to begin the first quarter of 2008 and
will begin producing ethanol approximately one year later.
Contact: Ed Cole, VCEDC Executive
Director, 765-832-3870,
ed@vermillioncountyedc.com
