Group looks to open new ethanol plant

A northeast Iowa agricultural group wants to develop a new agri-business in Delaware County. Denise Bishop, of the Northeast Iowa Grain Processors Co-op, says they want to build an ethanol processing plant that would produce 10-million gallons of the corn-based fuel every year. Bishop says the group has been researching the best location for the plant for about a year and a half.Bishop says the ethanol plant would provide members with an additional market for their corn. She says the Co-op Board of Directors is serious about the project and has officially organized and is putting together a business plan.She says the plant would require four million bushels of corn every year. The region where the Co-op wants to locate the facility produced 260-Million bushels of corn last year.