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Last updated 4:36AM ET
March 8, 2021
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UP Ethanol Plant
(wgvu) - Michigan's Upper Peninsula is expected to
be the host of a plant that would turn wood chips into fuel.
Gov. Jennifer Granholm and Boston-based Mascoma Corp. announced
some details of the project Friday. The $250 million facility will
be built at one of two sites under consideration in Chippewa County
with the help of a $15 million grant from the state.
The facility could have more than 50 jobs when it hits full
production in 2012. Hundreds of jobs could be created in its
forest-based supply chain.
Investors in the project include General Motors Corp. and
Marathon Oil Corp.
The ethanol plant is part of the state's strategy to help reduce
dependence on oil.
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