BY MICHAEL-ALLLAN MARION
EXPOSITOR STAFF / BRANTFORD

Leaders of a local fanner-led cooperative believe an announcement Friday of special loans to seven ethanol-processing ventures bodes well for the future of their proposed $86-million plant on the outskirts of Brantford.
According to its business plan, IGPC’s plant would use 11.8 million bushels of corn a year to produce 125 million liters of ethanol. The process would also yield as byproducts 96,000 tones a year of distillers grain for livestock feed and 60,000 tones of carbon dioxide.

Economic benefits to the area would include 150 construction jobs, 32 to 35 high-paying permanent jobs, annual direct revenue of $75 million and direct and indirect revenue of $175 million.