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POET Closes Cloverdale, IN, Ethanol Plant

Company is not reconsidering plan to idle the plant

Poet ethanol products

South Dakota-based POET LLC is moving forward with a plan to shut down its biorefining plant in Cloverdale, IN, leaving 50 people without jobs effective Friday, reports Inside Indiana.

The company says it's not making any changes to the plans announced two months ago. A company spokesperson says layoffs are still taking place and the company is not reconsidering the plan to idle the plant.

In August, the ethanol-producing company sent a WARN notice to the Indiana Department of Workforce Development indicating workers would be laid off and that that October 18 would be the last day on the job

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