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By Daniel Enoch
Feb. 9 (Bloomberg) -- Archer Daniels Midland Co., the
world's biggest ethanol producer, said Columbus, Nebraska, will
be the site of one of two new planned corn milling plants as it
expands production of the fuel.
The plant, to be built next to an existing ethanol
production facility in Columbus, will have an initial annual
capacity of 275 million gallons, Decatur, Illinois-based Archer
Daniels said today in statement distributed by PRNewswire.
Construction is expected to be completed in early 2008.
ADM in September announced plans to expand ethanol capacity
by 500 million gallons through the addition of two dry milling
plants at existing company facilities.
--Editor: Enoch
Story illustration: To see ADM's share performance, type
{ADM US <Equity> GP D <GO>}. For more commodity news, see
{CTOP <GO>}.
To contact the reporter on this story:
Daniel Enoch in Washington at (1) (202) 624-1842 or
denoch@bloomberg.net
To contact the editor responsible for this story:
Steve Stroth at (1) (312) 443-5931 or sstroth@bloomberg.net
