VeraSun announced that the merger with US BioEnergy was approved by a majority vote of shareholders of both companies and is effective April 1, 2008.
At the same time, VeraSun announced the startup of its 110 million gallon per year production facility located near Bloomingburg, Ohio. The Bloomingburg biorefinery represents the 11th VeraSun facility in operation, pushing the company’s annual operating capacity to more than one billion gallons.
Seven other facilities are currently under construction or development. By the end of 2008, the company expects to have 16 production facilities in operation with a capacity of approximately 1.64 billion gallons, making VeraSun the largest ethanol producer in the United States.