Poet Energy™ is preparing for the grand opening of its 20th ethanol production facility next month in Iowa.

According to a company release, the grand opening event for POET Biorefining in Corning, Iowa will be held on May 4.

The $105 million ethanol production facility in Corning will be the 20th POET production facility and their seventh in the state of Iowa. Once Corning is operational, the annual production capacity of POET will be over one billion gallons.

The event will begin with a flyover from the Vanguard Squadron – the world’s only 100 percent ethanol-powered aerobatic fleet – and guests will include U.S. Senator Chuck Grassley and Iowa Secretary of Agriculture Bill Northey.