HAYWARD, Wis. (WRN) — At the Capitol, proposed legislation calls for a major new investment in biofuels in Wisconsin.
State Senator Mary Felzkowski says state funding could facilitate a new plant located in Hayward to produce aviation fuel from woody biomass
“It would be a investment of about $200 million with enterprise tax credits from WEDC and about 150 million in bonding and that bonding will be supported through the forestry account. So it’s forestry supporting forestry,” Felzkowski said.
Felzkowski said the new plant to be built in conjunction with Germany’s Synthea Fuels could bring 350 jobs to the area and over a billion dollars in annual economic development. She said Minnesota and Michigan are also potential locations, so there’s some urgency for Wisconsin to act.