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POET Biorefining - Hudson

Trading Status: Inactive
Web Site: www.POET.com
SEC Filing(s): No
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POET  - Hudson is evaluating a potential opportunity and has enacted a moratorium on trading activity to ensure fairness for potential buyers and sellers. Further information will be delivered to all investors as it becomes available.  If you have any further questions please contact POET Investor Relations via email at investorrelations@poet.com.

POET Biorefining - Hudson is located two miles south of Hudson, South Dakota along the Sioux River and is the 19th plant designed and constructed by POET and the 14th plant to be managed by POET.

This facility commenced operations on May 17th, 2004 after less than 10 months of construction and was able to meet its nameplate capacity of 56 mgy within five days of production. This facility will grind between 17 and 18 million bushels of corn per year and will ship out over 145,000 ton of Dakota Gold® and over 1,500 rail cars of ethanol per year.

We employ approximately 40 people at our facility and have an annual payroll of nearly $1.5 million. We are always interested in buying corn from local producers and as an ethanol facility we add much value to the producer's corn we grind by; improving the local economy through jobs and an improved basis level, the environment through oxygenated gas, and reduction in energy dependence by easing the need for expensive foreign oil.

POET Biorefining - Hudson is excited about being part of the local community and we look forward to being involved in local events.

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