An ethanol plant will be built in Corunna. Lt. Governor John Cherry joined city officials Friday, presenting them with a $900,000 check from the Michigan Economic Development Corporation.
The money, along with cash kicked in from the city and the company building the plant, will be used to extend the city's sewer and water system out to the area where the plant will be built. Washington based E85 inc. will build the $150 million facility just southeast of the city, near M-71.
Forty-five new jobs are expected and the taxes will be a huge boost too says Mayor Steve Corey. "We're estimating about $1 million (annually) on all taxes paid," Corey says.
Corey estimates ground will be broken sometime this fall. The plant should produce roughly 100 million gallons of E85 each year.
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