REG DeForest suffers $1 million in fire damage

In Wisconsin, the former Sanimax biodiesel plant in DeForest suffered about $1 million in damage from a fire on Thursday morning. The cause of the fire at the 20 million gallon facility currently owned by the Renewable Energy Group is unknown and still under investigation. REG bought the facility in February 2016 for about $11 million and 500,000 REG shares. The company announced shortly after that it would invest about $7 million upgrading the facility.