POET is preparing for the grand opening of its 23rd production facility next month in Alexandria, Indiana.
On April 17, POET will host a grand opening event for POET Biorefining – Alexandria which will include addresses from Lt. Governor Becky Skillman and Andy Miller, Director of the Indiana State Department of Agriculture.
POET Biorefining – Alexandria will produce 65 million gallons of ethanol per year from more than 22 million bushels of corn from the area and provide around 40 jobs with an annual payroll of approximately $2 million. It will be the second ethanol plant opened by POET in Indiana while one additional plant is under construction near North Manchester. Once the Alexandria facility is operational, POET’s annual production capacity will be 1.33 billion gallons.