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WAUSEON - A year ago, hundreds of people flocked to a 100,000-square-foot former factory building in Wauseon's industrial area where a Napoleon, Ohio, inventor promised to begin building engines that would travel more than 110 miles on a gallon of E85 gasoline. But time and the economy have not been kind to Doug Pelmear's plan to revolutionize the American automobile.
Mr. Pelmear said he hasn't sought money from more traditional capital sources such as investors, selling stock or bonded indebtedness, because such sources would likely cost him control of HP2g LLC - something he's unwilling to provide.