Ethanol production, FFVs, E85 fuel availability, and ICM are growing exponentially.
The growth trend in the industry has been mirrored by the increase in FFVs on the road—more than 6 million in 2007—with 9 million projected by 2009. In March 2007, ICM’s process technology was responsible for a little more than 2 BGY of the country’s total 5.8 BGY capacity, while the company employed more than 600 people with projections to hit 750 by the end of 2007. To accommodate the growth and increase in equipment manufacturing, ICM began construction of an 16,000 sq. ft. wing to its South building, a 20,000 sq. ft. warehouse, and a new 11,200 ft. office across the street from the main campus.