Biodiesel and Ethanol Investing

Mlive.com reports that when E85 announced it would build a $150 million ethanol plant in Corunna, Michigan, the entire area was in a buzz. The new facility would create new jobs, generate more tax revenue, and make a new market for local corn farmers. But E85 has postponed its plans for the city and it will have to reapply for a $900,000 state grant to help build the site.