History 12/23/08 9:38:36 AM|
|POET started 21 years ago, when our founder and CEO Jeff Broin bought an ethanol production facility out of bankruptcy. Through a longstanding commitment to research, POET has developed proprietary technologies with the highest ethanol yields and energy efficiencies in the industry. Our management expertise ensures that POET’s 26 plants are well-run and our conservative approach to risk management has allowed us to avoid the bad bets on futures prices that troubled others in our industry.
More than two years ago, Jeff Broin was quoted in the Wall Street Journal saying that there was a gold rush mentality in much of the ethanol industry. It was that foresight that led us to prepare for the tougher times we are currently in. Today, POET plants are in an excellent capital position and the combined entities of POET expect to turn a small profit this year. For more information on our company, please visit http://www.poet.com
In order to continue running our plant at capacity, we need your corn.
Together, we can continue to provide a clean, green fuel for our country. Thank you for your business.