A Hancock County company is planning a $78 million expansion of its oil refinery in Newell. 

Ergon spokesman Jim Temple tells media outlets that the expansion will allow the refinery to process new crude oils from the Marcellus and Utica Shales in the region.

Temple says the expansion primarily involves processing equipment and won't create any new jobs.

The plant employs 180 people.

The expansion is expected to be completed in 2014.