An ethanol plant that could cost $180 million to build, produce up to 500 construction jobs and employ 65 people full time in production has been proposed for a Chenoa industrial park. Construction on the 100-acre complex could begin as early as Summer'07 if U.S. Ethanol receives the necessary permits. On April 24, 2007 the Chenoa City Council approved a financial incentives from a (TIF) tax increment financing district. The plant could be online 18 months after construction begins. The plant would be able to process as much as 40 million bushels (1 million metric tons) of corn a year into 100 million gallons (38 megaliters) of ethanol annually. Once completed, the plant will operate 24 hours a day and employ up to 65 people. The plant would be able to store up to 1 million bushels (25,000 metric tons) of corn and receive grain by truck and rail. The plant will have its own water system, which will recycle back into the plant. There should be no smell or noise problems because the plant would use a dry milling process. Any discharge will be burned. U.S. Ethanol has hired AGAR Industries of Merrill, Wisconsin to design and build the facility, which will be built in the newly formed 500-acre industrial park on the city’s south side.