Patriot Renewable Fuels Celebrates Five Years of Ethanol Production
August 23, 2013
(August 23, 2013) WASHINGTON — Today, the Renewable Fuels Association congratulates Patriot Renewable Fuels as they celebrate their five year anniversary. Patriot Renewable Fuels is located in Annawan, Illinois and employs 55 full time employees at a plant that produces 110 million gallons of ethanol and 300,000 tons of DDGS per year.
Bob Dinneen, President and CEO of the Renewable Fuels Association, attended the celebration touting the five year milestone. Dinneen spoke to those in attendance, “Today is truly a day of celebration for everyone involved in Patriot Renewable Fuels. It is often said that the first year of business is always the hardest. It is truly an accomplishment that you have long passed the first year and have reached the five year anniversary. There have been times of prosperity and times of drought, but as a company you have shown perseverance, dedication and hard work. Today is a day to celebrate and enjoy the fruits of your labor.”
Patriot Renewable Fuels’ CEO and Co-Founder Gene Griffith addressed the crowd, “The last five years in business has been both challenging and uniquely rewarding. I have seen the company grow and thrive from an idea into reality. I am proud of the positive impact we have had on our country, creating jobs, decreasing our dependence on foreign oil, and revitalizing our rural community. It is my hope that the next five years will be as rewarding as the last.”
In 2012, the United States ethanol industry has created over 87,000 direct jobs and approximately 295,900 indirect jobs. It has revitalized rural communities by contributing $7.9 billion in federal, state, and local taxes helping support roads, schools, and first responders. In 2011, ethanol reduced the price of gasoline by $1.09 and saved families $1,200 in gasoline purchases.




