Thu Apr 14, 2005

Ethanol plant clears major hurdle with land purchase

BY MICHAEL-ALLAN MARION
EXPOSITOR STAFF / BRANTFORD



A farmer-led co-operative is proceeding with its plan to buy a 48-acre parcel of land in the Oak Park North business park for its $86-million ethanol plant.

The integrated Grain Processors Co-operative Inc., has waived 12 conditions on its $2-million land purchase from King and Benton Development Corp., the owner of the private industrial park along Oak Park Road, north of Highway 403.

“We appreciate King & Benton’s on-going support of our community ethonal project and look forward to being the cornerstone of their Oak Park development,” said Joe Kloepfer, IGPC’s treasurer and chairman of the land committee.


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