HOPEWELL, Va. (AP) -- A partner in a revived ethanol plant in Hopewell plans to begin grinding corn for the operation this month.
Scoular Company will procure corn, operate grain facilities on the site and market a major byproduct.
The Progress-Index (http://bit.ly/1kkL617 ) reports that Scoular is in the process of buying corn and obtaining contracts.
Scoular is partnering with Vireol Bio Energy LLC, which plans to invest $26.2 million to begin production at the plant. The operation will create 72 jobs.
Osage Bio Energy completed the plant but decided to abandon it because of unfavorable market conditions.
Information from: The Progress-Index, http://www.progress-index.com
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