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AP
Ohio ethanol plant operator files for bankruptcy
Friday October 17, 12:24 pm ET
Ohio ethanol plant operator says design flaws, credit crunch led to bankruptcy filing

LIMA, Ohio (AP) -- The operator of an ethanol plant in northwest Ohio is filing for bankruptcy protection.

The president of Greater Ohio Ethanol blames the current credit crunch and a flaw in the design of the plant near Lima.

Gregory Kruger says the design flaw forced the plant to use much more water than planned, causing the company's water bill to go up much more than they expected.

The plant began production in July after months of delay.

Kruger says the plant is continuing to operate and buy corn from farmers.