News Releases

FarmTech Welcomes Crombie Report

Wed Sep 3, 2008


NEWS RELEASE

Sept 3, 2008
For Immediate Release

FarmTech Welcomes Crombie Report


Oshawa – The release of the long awaited Crombie Report recognizes that the industrial Port of Oshawa is the right location for FarmTech Energy Corporation to build a $185 million ethanol facility.

“It’s great to see that Mr. Crombie recognizes the importance of a mixed-use waterfront in Oshawa with industrial, residential, retail and recreational users, said Dan O’Connor, President of FarmTech Energy Corporation.

The Crombie Report also recognizes that as a condition of the transfer of port lands to the City, that the municipality agree to respect and recognize all existing leases, business contracts and undertakings.

“And that includes the FarmTech project,” O’Connor added. “The Crombie Report paves the way for this ethanol facility to play an important role in a revitalized Port of Oshawa through new investment, and by creating hundreds of jobs. Both the federal government and Mr. Crombie realize the importance of the H20 highway to our economy and Oshawa can capitalize on this. The port is the reason we chose this location.”

The Crombie Report also recognizes the importance of a buffer zone in preserving a balanced waterfront. The FarmTech project recognizes this buffer zone and goes even further by expanding a naturalized area between the ethanol facility and the Second Marsh with 17 acres of trees, shrubs, grasses and a pond. This will increase the natural habitat for a number of species including meadow and field birds as reported in an Environmental Assessment report now filed with the Federal Government.
“I’m very proud of our farmer led $185 million ethanol project. It’s clean, it’s green. It will create 700 new jobs, bring new investment to Oshawa, and increase the natural habitat next to the Second Marsh,” said O’Connor. “I think this project will do a great deal for the City by playing an important part in a renewed vision of the Port and Harbour.”

Planning applications have been filed and are being considered by Oshawa City Council.

For more information on FarmTech Energy Corporation visit: www.farmtechenergy.com

For further information contact:

Danna O’Brien
416-500-0699


NEWS RELEASE

Sept 3, 2008
For Immediate Release

FarmTech Welcomes Crombie Report


Oshawa – The release of the long awaited Crombie Report recognizes that the industrial Port of Oshawa is the right location for FarmTech Energy Corporation to build a $185 million ethanol facility.

“It’s great to see that Mr. Crombie recognizes the importance of a mixed-use waterfront in Oshawa with industrial, residential, retail and recreational users, said Dan O’Connor, President of FarmTech Energy Corporation.

The Crombie Report also recognizes that as a condition of the transfer of port lands to the City, that the municipality agree to respect and recognize all existing leases, business contracts and undertakings.

“And that includes the FarmTech project,” O’Connor added. “The Crombie Report paves the way for this ethanol facility to play an important role in a revitalized Port of Oshawa through new investment, and by creating hundreds of jobs. Both the federal government and Mr. Crombie realize the importance of the H20 highway to our economy and Oshawa can capitalize on this. The port is the reason we chose this location.”

The Crombie Report also recognizes the importance of a buffer zone in preserving a balanced waterfront. The FarmTech project recognizes this buffer zone and goes even further by expanding a naturalized area between the ethanol facility and the Second Marsh with 17 acres of trees, shrubs, grasses and a pond. This will increase the natural habitat for a number of species including meadow and field birds as reported in an Environmental Assessment report now filed with the Federal Government.
“I’m very proud of our farmer led $185 million ethanol project. It’s clean, it’s green. It will create 700 new jobs, bring new investment to Oshawa, and increase the natural habitat next to the Second Marsh,” said O’Connor. “I think this project will do a great deal for the City by playing an important part in a renewed vision of the Port and Harbour.”

Planning applications have been filed and are being considered by Oshawa City Council.

For more information on FarmTech Energy Corporation visit: www.farmtechenergy.com

For further information contact:

Danna O’Brien
416-500-0699

NEWS RELEASE

Sept 3, 2008
For Immediate Release

FarmTech Welcomes Crombie Report


Oshawa – The release of the long awaited Crombie Report recognizes that the industrial Port of Oshawa is the right location for FarmTech Energy Corporation to build a $185 million ethanol facility.

“It’s great to see that Mr. Crombie recognizes the importance of a mixed-use waterfront in Oshawa with industrial, residential, retail and recreational users, said Dan O’Connor, President of FarmTech Energy Corporation.

The Crombie Report also recognizes that as a condition of the transfer of port lands to the City, that the municipality agree to respect and recognize all existing leases, business contracts and undertakings.

“And that includes the FarmTech project,” O’Connor added. “The Crombie Report paves the way for this ethanol facility to play an important role in a revitalized Port of Oshawa through new investment, and by creating hundreds of jobs. Both the federal government and Mr. Crombie realize the importance of the H20 highway to our economy and Oshawa can capitalize on this. The port is the reason we chose this location.”

The Crombie Report also recognizes the importance of a buffer zone in preserving a balanced waterfront. The FarmTech project recognizes this buffer zone and goes even further by expanding a naturalized area between the ethanol facility and the Second Marsh with 17 acres of trees, shrubs, grasses and a pond. This will increase the natural habitat for a number of species including meadow and field birds as reported in an Environmental Assessment report now filed with the Federal Government.
“I’m very proud of our farmer led $185 million ethanol project. It’s clean, it’s green. It will create 700 new jobs, bring new investment to Oshawa, and increase the natural habitat next to the Second Marsh,” said O’Connor. “I think this project will do a great deal for the City by playing an important part in a renewed vision of the Port and Harbour.”

Planning applications have been filed and are being considered by Oshawa City Council.

For more information on FarmTech Energy Corporation visit: www.farmtechenergy.com

For further information contact:

Danna O’Brien
416-500-0699










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