Global Renewable LLC has announced plans to build and operate a $195-million ethanol plant in Sharon, Wis. Annual ethanol production is expected to be 105-to-120 million gallons, and the facility will require about 38 million bushels of corn per year.
The Whitewater, Wis., company said that the plant will provide 55 new full-time jobs and over 200 temporary construction jobs, with start-up operations planned for October 2008.
Global Renewable is a partnership that includes former Wisconsin Gov. Tommy G. Thompson, who serves as its chairman of the board; Jeffery P. Knight, who headed the Governor's Ethanol Coalition under Gov. Thompson; and businessman Tom Weickardt.
In other ethanol news, US BioEnergy Corp. has announced the acquisition of options to purchase land near Altamont, Ill., for the possible construction and operation of a 100- million-gallon per year ethanol plant.
The gas fired, dry-grind ethanol facility would require about 36 million bushels of corn annually and would produce 320,000 tons per year of dried distillers grain. Proposed employment would be over 40 people.
Currently, US BioEnergy operates two ethanol plants and has another four ethanol plants under construction. When these facilities are completed, the company will own and operate six plants with combined expected ethanol production capacity of 500 million gallons annually.