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Miami County Economic Development Authority
1525 West Hoosier Blvd.
Suite 201
Peru, IN 46970

Ph: 765.689.0159
Fax: 765.689.0168
info@miamicountyeda.com

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Clymers ethanol plant a plus for Miami County
Friday, April 28, 2006
Peru Tribune

CLYMERS - With shovels in hand, several local and state leaders as well as officials from The Andersons Thursday broke ground on the largest, dry-mill ethanol plant east of the Mississippi in Clymers.

“Creation of this plant is good news for Hoosiers and a great application of our Clean Indiana Energy policy,” said Governor Daniels, who spoke briefly at the event. “Not only are we expanding our already strong manufacturing base, but The Andersons Clymers Ethanol will add jobs, purchase raw materials from Hoosier farmers, and create a renewable fuel source that is less harmful to the environment."

The new facility will be capitalized by approximately $140 million in capital investment and create 40 to 50 new production jobs, in addition to roughly 250 construction positions, officials said.

With a planned annual capacity of 110 million gallons of ethanol and production of 350,000 tons of distillers dried grains for feed, the plant would be the largest and most modern east of the Mississippi River. The plant will process 40 million bushels of corn each year - primarily sourced from Cass and surrounding counties - significantly benefiting area farmers and agribusinesses.

“The long and friendly relationship with Cass County was a driver on our investment decision,” said Mike Anderson, CEO of The Andersons. “We have supported that community, and they have long supported us. Ethanol is a natural extension of our business. The state of Indiana has implemented innovative programs to encourage renewable energy, and we are thrilled to be part of that progress.”

The Andersons operates 13 agriculture related business units in 10 Indiana counties, including four grain terminals handling in excess of 50 million bushels of grain annually. The Indiana Economic Development Corporation, in partnership with Cass County, worked together to provide an incentive package that helped secure the ethanol plant.

 

Miami County Economic Development Authority  •  1525 West Hoosier Blvd. Suite 201  •  Peru, IN 46970  •  Ph: 765.689.0159  •  Fax: 765.689.0168
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