In a time when many plants are shutting down, a new ethanol plant near New Hampton, Iowa has started production.
The Homeland Energy Solutions will produce 100 million gallons of ethanol annually, according to the Iowa Renewable Fuels Association (IRFA), which congratulated the company for its accomplisment this week.
“It’s been a difficult time for the ethanol industry, but Homeland Energy Solutions is proof that we are working through it and finding ways to succeed,” said IRFA Executive Director Monte Shaw. “This locally-owned ethanol refinery will buy Iowa corn and provide good paying jobs in rural Iowa. Homeland Energy Solutions is a welcome addition to Iowa’s growing industry.”
Homeland Energy Solutions Board Chair Steve Eastman said they are excited to start production. “And we are grateful that we missed the commodity boom and bust of 2008 that whiplashed so much of the ethanol industry,” said Eastman. “While margins remain tight, we feel well positioned going forward.”
Fagen, Inc., the Granite Falls, Minnesota design-build contractor, oversaw the construction and incorporated a process design provided by ICM, Inc. of Colwich, Kansas.