With the completion of their Merrill ethanol plant fund drive just announced, Plymouth Energy, LLC, is hot on the hunt of possibly building a 110-million-gallon ethanol plant near Whiting, Iowa.
Craig Arnold, chief executive officer of Plymouth Energy, said they've been working on the possibility in Monona County for nearly a year now.
They have options on more than 200 acres of land there, now rezoned for them, and have been "in discussions" with ICM, which Arnold said is one of the premier ethanol design and build firms in the U.S.
Plymouth energy is working on the feasibility study and researching technology for the possible plant.
"With the completion of the feasibility study, we're looking to begin the fund drive," Arnold said.
He also said that Irish corporation Fleming Holdings USA may also be part of the picture if a Whiting plant goes forward.
"This isn't just an investment for them, it's more of a partnership," he said of their involvement in the Merrill plant. "They're looking to play a role not only in Merrill but in other opportunities."