Broin Companies is officially announcing plans this week to build a $100 million ethanol production facility near Leipsic, Ohio with Summit Ethanol. In addition, Broin is exploring three other Ohio locations for ethanol facilities, two of which are Marion and Fostoria, both located in northwest Ohio as is Leipsic.
According to Bob Berens, Broin Companies Director of Site Development. “We have not committed to building on any location other than Leipsic at this time. However, the potential exists to develop and construct additional ethanol facilities in Ohio and the locations we have targeted have met the preliminary screening we apply to our business model. We are excited about the potential that Marion and Fostoria offer, but will only pursue the option if the fit is perfect for Broin Companies and the communities involved.”