Monday, June 11, 2007, 6/11/2007 09:39:00 AM

Ethanol Manufacturer

By Todd
The Sioux Falls Argus Leader is reporting that a former ethanol plant manager has resolved the lawsuit brought against him by his former employer, the Poet-owned ethanol facility in Jewell, Iowa.

Gary Hanson was reportedly the plant manager at that ethanol facility and had e-mailed company documents to his girlfriend prior to taking another position with a different ethanol manufacturer in Colorado. That new employer, Sterling, has terminted Mr. Hanson as a result of the litigation, the report states.

In one of the weirder settlement terms we've come across, another former Poet employee named Akers can KEEP his job with the Colorado company but cannot be promoted to a position other than maintenance manager of that facility without Poet's approval.

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