For more information:
Laura Guncheon, HERO BX
(814) 464-3677c
lguncheon@eriemg.com
December 5, 2017

FOR IMMEDIATE RELEASE

HERO BX to Manufacture at Iowa Renewable Energy Biodiesel Plant

Leading Biodiesel Refiner Expands into Iowa

Erie, PA – Biodiesel producer Lake Erie Biofuels, LLC, dba HERO BX, recently announced a strategic partnership with Washington, Iowa, based Iowa Renewable Energy, LLC, (IRE) to manufacture and market biodiesel from IRE’s Iowa facility.

HERO BX Founder & CEO Samuel P. “Pat” Black, III, said, “It has been my ambition to expand the biodiesel expertise harvested from our flagship plant in Erie, PA, nationwide much like has already happened in Alabama and in New Hampshire. Now we will call Iowa our newest home.”

Black continued, “Accomplishing this milestone alongside IRE, a company that shares our commitment to quality, corporate culture, and core values, is key to achieving our joint vision. To be operating in Iowa, America’s epicenter for renewable energy, allows HERO BX to operate together with some of the pioneers who helped build this great industry.”

With over a decade of successful biodiesel production and marketing expertise behind them, HERO BX will apply its established business model to help capitalize on the new venture.

“We have a simple recipe that has earned HERO BX a stellar reputation in the biodiesel industry,” said Chris Peterson, President of HERO BX. “That recipe is driven from our core values of integrity, quality and safety, and will remain in place in Iowa.”

“Iowa Renewable Energy is thrilled to be partnering with HERO BX, and joining their growing national network of biodiesel supply and distribution,” said Ron Lutovsky, IRE’s Chief Operating Officer.  “HERO’s core values, along with their operations and management team are a great fit with our team at IRE.  We will be working closely together to make both companies’ operations more efficient and dynamic.”

Iowa Renewable Energy, founded in 2005, owns and operates a 30 million gallon biodiesel refinery.

Also founded in 2005, HERO BX is headquartered in Erie, PA, and is a wholly-owned subsidiary of Black Family Holdings, LP. With annual biodiesel production and distribution of 100 million gallons from Erie, PA, Moundville, AL, and Washington, IA, and a Bioheat blending terminal in North Hampton, NH, HERO BX is a national leader in biodiesel refining and distribution.