Sioux Falls based POET to buy a bioethanol facility in Tennessee

SIOUX FALLS, SD (KELO.com) — The world’s largest producer of biofuel is about to become even larger.  Sioux Falls based POET has signed an agreement to buy a bioethanol facility in Tennessee.  Company officials say the deal adds 120-million gallons of production capacity and improves POET’s access to markets in the southeastern U-S.