More Bumps in Road for BioTown
Reynolds, Indiana was to be a model for alternative energy efforts in the state - mostly, efforts to utilize Ag resources in producing energy - like ethanol. This was one of Gov. Daniels’s big pushes. I noted earlier that the efforts were running into practical difficulties (Biotown we hardly knew ya). Now, VeraSun, the ethanol producer, is headed to bankruptcy court:
The ethanol producer that planned to build a plant in Reynolds, the town where Gov. Mitch Daniels is attempting to showcase energy independence, has filed for Chapter 11 bankruptcy protection. VeraSun Energy Corp. announced yesterday that it and 24 of its subsidiaries filed the voluntary petition yesterday in U.S. Bankruptcy Court in Delaware.
