ROCK FALLS – A BioPro Power project proposed for the area in 2009 has been “tabled”, the company says, attributing the decision to the state of the region’s economy.
In an email to Sauk Valley Media, BioPro owner Truman Homme said “BioPro Power tabled the Rock Falls power plant project due to the financial downturn in northern Illinois.”
He then elaborated on the company’s change in geographical focus, while leaving the door open for a change in strategy that includes Rock Falls.
“BPP continues to pursue similar opportunities in other areas, but would certainly consider a project in your area, should the economy improve,” Homme wrote in the email.
Homme said Minnesota-based BioPro likes the Rock Falls community, but the company needed an area with more demand for electric power.
The company had struggled to secure a power agreement for the clean energy that is generated from corn stover, a maize byproduct, according to local economic development officials.
In 2011, BioPro said it planned to hire 30 full-time employees, about a dozen part-timers, and 80 seasonal employees.
BioPro had options to buy private property or lease land owned by the city.
At the time, the cost of the construction project was estimated at $100 million.