NEWS
Fri Jul 12, 2013 02:47 PM CDT

Judge OKs Ace Energy's Purchase of Oshkosh Ethanol Plant

NEW YORK (DTN) -- A bankruptcy judge on Thursday, July 11, approved the purchase of a 50-million-gallon-a-year ethanol plant in Oshkosh, Wis., by Ace Ethanol for $16.5 million, said Robert Sather, public affairs director for Ace.

Sather told Schneider Electric on Friday that the deal won't be finalized until July 26 when shareholders of the plant will hold a meeting to approve the sale.

Ace Ethanol currently owns a 60-million-gallon-a-year ethanol plant in Stanley, Wis., so the purchase of the Oshkosh plant will bring the total capacity of the producer to ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories