Liberty Renewable Fuels of Ithaca has announced plans to build Michigan’s largest ethanol plant.
The plant will be located in the middle of Michigan corn country and will produce 110-million gallons of ethanol per year.
Liberty officials have also announced the opportunity for local investors to contribute to the alternative energy plant.
“We are thrilled to have progressed to this point in our project. We are now able to invite the public to join in our effort,” said David Skjaerlund, President and CEO of Liberty. “Too often these opportunities go only to Wall Street. We’re giving Main Street Michigan a chance to invest on the ground floor. We know of no other ethanol plant in Michigan that has filed with the Securities and Exchange Commission to allow a public offering in the state prior to plant construction.”
Meetings are scheduled throughout the state this month to provide information for those who are interested in investing in the plant.
Liberty Fuels officials were in Lansing at the State Capitol Wednesday for the announcement and to display an ethanol-powered race car they plans to run at Michigan International Speedway later this summer.