Friday, June 22, 2007

Tommy!! Corn-A-Holing


Our ex-Governor may be hedging his bets on gaining the Presidency.

Global Renewable L.L.C. said Thursday that it has received the final air and construction permits for its proposed ethanol plant in Sharon near the Wisconsin-Illinois border.

The permits will allow the firm to break ground once it completes financing for the project, the company said. Gobal Renewable announced it has received preliminary approvals for up to $76.6 million in financing for the project, which is expected to cost $193 million.

When completed, Global Renewable L.L.C.'s plant near Janesville will produce 105 million to 120 million gallons of ethanol per year.

Global Renewable, of Whitewater, is a partnership that includes former Wisconsin governor and current presidential candidate Tommy Thompson, who serves as its chairman, and Jeffery Knight, who headed the Governor's Ethanol Coalition under Gov. Thompson's administration. The partnership also includes Wisconsin businessman and professional racing team owner
Tom Weickardt.

Meaning that we'll have to lose weight with ethanol, I suppose.

It's certain that this boondoggle will make the Mexicans lose weight.

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