The company is only two months old, but already it's got plans to build an ethanol plant in Kankakee, Ill. Alternative Energy Sources (AENS) was formed in June and quickly optioned the 248-acre Kankakee Industrial Park, which is next to a newly permitted regional sanitary landfill. AENS wants to build an ethanol plant capable of producing 110 million gallons a year on the site, and construction should start in six to nine months. The company is also building an ethanol plant in central Iowa.

That AENS is moving quickly is perhaps because two people at its helm, Lee Blank, AENS executive vice president and chief operating officer and Mark Beemer, AENS president and CEO, are both former executives at Archer Daniels Midland Co., which knows a thing or two about making ethanol. The Kankakee plant should be operating by late 2008.

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[Source: Alternative Energy Sources Inc.]

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