Ace Ethanol plans to double production six months after opening

By | November 01, 2002
Wisconsin's first large-scale ethanol plant has been running for only six months but already plans to double its production next year through a $20 million expansion. Ace Ethanol's $30 million plant, in Stanley, Wis., which opened in mid-June, expects to produce 15 million gallons of ethanol annually and could reach 30 mmgy after the expansion, chief executive officer Alex Samardzich told reporters last month. "We always had expansion in the back of our minds," he said. "The city always knew we might expand, and they responded accordingly in the initial site work." The plant will double its corn intake to 12 million bushels annually. The company hopes to complete the expansion by December 2003 but still needs a permit from the state Department of Natural Resources.