Wichita City Council approves $7 million in industrial revenue bonds for POET’s Ethanol Product

May 4, 2016 |

In Kansas, the Wichita City Council has approved $7 million in industrial revenue bonds towards POET’s Ethanol Product’s planned $8 million investment in a new 26,000 square feet building. The bond will help the company to secure lower interest rates on the proposed project that will be co-located with its current Wichita headquarters. The company supplies oil companies with ethanol for blending and currently employs 191 people with 15 more jobs expected in the next five years.

Print Friendly, PDF & Email

Tags: , ,

Category: Fuels

Thank you for visting the Digest.