renewaFUEL LLC, a subsidiary of Cliffs Natural Resources Inc. (CLF), said that its board has approved a plan for the construction and operation of a next-generation biomass fuel production facility at the Telkite Technology Park, which is located at Sawyer Airport near Marquette, Mich.
renewaFUEL intends to move forward with a lease agreement for the use of two large aircraft hangars, which formerly housed B-52 aircraft when the facility was part of K.I. Sawyer Air Force Base.
Once begun, construction and renovation at the facility, a $19 million capital project, is expected to take approximately nine months.
The plant is expected to employ approximately 25 people and will produce 150,000 tons per year of high-energy, low-emission biofuel cubes.
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