The Andersons Inc. announced that it will expand the Albion, Mich., facility owned by The Andersons Albion Ethanol LLC to double its capacity.
"The supply and demand situation in Michigan relative to corn and ethanol is very favorable. Advancements in farm practices and technology continue to increase the size of Michigan's corn crop and enhance its quality. This added production capacity enables more ethanol to be produced and used in the state," chief executive officer Pat Bowe said. "This dynamic, combined with the highly efficient operations at the Albion facility, makes it a compelling investment for expansion."
The facility, built by ICM Inc. of Colwich, Kan., in 2006, was engineered for future expansion. ICM also is contracted to build the expansion, which is scheduled to be completed in April 2017.
Roughly 10 new full-time production positions will be added when the new capacity becomes operational.
The Andersons Albion Ethanol is managed and operated by The Andersons and co-owned by Marathon Petroleum Corp. of Findlay, Ohio.
The Andersons is a diversified company conducting business across North America in the grain, ethanol, plant nutrient and rail sectors.