$10M loan for Bangor bio-manufacturer OK’d

The biodiesel plant that became the Marrone Bio Innovations facility in Bangor. (Courtesy the Marrone Bio Innovations website - June 5, 2014)

BANGOR, Mich. (WOOD) — A southwest Michigan bio-based manufacturing facility is getting a $10 million loan that’s expected to create up to 50 jobs.

The U.S. Department of Agriculture Wednesday announced the loan for California-based Marrone Bio Innovations’s Bangor plant. It’s backed through the USDA Rural Development Business and Industry Guaranteed Loan program.

The $10 million will help Marrone, which manufactures “bio-based” pesticides and plant health products, add more product lines.

The expansion is expected to add as many as 50 jobs.

The Bangor facility was previously a biodiesel plant.

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