Irish agribusiness group ClonBio announced this week a $500 million in Wisconsin biorefinery Aztalan Bio.

ClonBio contracted to purchase the plant in Johnson Creek, Wisconsin in 2022 and has invested $100 million in the acquisition and upgrading of the plant, which is now the largest grain processing facility in Wisconsin.

“We are thrilled with this monumental investment by our parent company, ClonBio Group Limited, marking a significant step forward in our mission to revolutionize the biorefinery industry,” said Aztalan Bio CEO Jeff Oestmann. “With a staggering $500 million investment injection, we’re not only investing in our plant but also in the local community, with the creation of 1,000 new jobs on the horizon.”