Peru Airport Hangar to Serve Marquis Energy

Image courtesy of the News Tribune
A hangar going up at Illinois Valley Regional Airport will serve Marquis Energy, the ethanol manufacturer in Hennepin.

The hangar will be owned and operated by Marquis Aviation Inc., which will lease the ground from the airport, said Chuck Studer, airport manager.

Construction began last month and the hangar should be done by mid-January.

“This is the first of what we hope will be several corporate hangars that are in the planning stages,” Studer said.

Because this is a public airport, Marquis will own the building but will lease the ground, typical of public airports, Studer said. Marquis Aviation Inc. has a 40-year lease agreement with the city for the land under the building.

Annual ground rent is 30 cents per square foot per year for the first year ($4,454.40 for 14,848 square feet) with adjustments in following years.

The city will install water, sanitary sewer, electric and natural gas lines and, when available, fiber optic line and Marquis will pay hookup costs.

Midwest Avtech at the airport already maintains Marquis’ helicopters, Studer said. Mark Marquis, president of Marquis Energy, flies helicopters and airplanes and said Marquis Energy bought a business jet and wanted to house it at the Peru airport.

“It’s convenient,” he said. “We have an ethanol plant at Hennepin and have another ethanol plant in Wisconsin and in Houston and New Orleans we have ethanol trading staff. The Peru airport will be a very good takeoff point for us.”

Marquis Energy also has tank storage in News Orleans for export and a barge terminal in Missouri, Marquis said.

“Our travels between Wisconsin, Missouri, Texas and Louisiana make it convenient to fly out of Peru,” Marquis said.

The hangar construction is using many local vendors for materials, he said. Marquis hired two local pilots, Earl Hocking and John Thompson, to fly the jet, Marquis said.

Source: News Tribune