International Steel Services Inc. of Pittsburgh, Penn., said today that its Biofuels International Inc. unit has bought an option on a site in Rockport on which to build a $180 million ethanol plant.
The SpencerCounty plant would produce 100 million gallons a year but be expandable to 200 million gallons annually.
Groundbreaking at LincolnlandCommercePark in the Ohio River city is slated for this summer, with full production anticipated within 24 months.