User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


69° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Yankton @ Brookings at 7 p.m.
 
 
 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Kansas-Based Firm Buying Nebraska Ethanol Plant

October 17, 2012, 6:56 AM

FAIRMONT, NE -

Kansas-based Flint Hills Resources is buying an ethanol plant in southeast Nebraska.

Advanced BioEnergy, of Bloomington, Minn., says the deal for its Fairmont, Neb., plant is expected to close later this year.

In a regulatory filing Monday, Advanced BioEnergy reported a sale price of $160 million, plus the estimated $15 million value of inventory at closing.

The Fairmont plant has an annual capacity of more than 115 million gallons and about 50 employees.

Advanced BioEnergy CEO Richard Peterson says "maximizing the value of our business has been a priority in the face of continuing market consolidation and compressed operating margins." The company also has plants in Huron and Aberdeen, S.D.

Flint Hills Resources is based in Wichita, Kan.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
GM Fund Rejects 91 Percent Of Ignition Switch Claims

8/24/2015 1:47 PM

The compensation fund led by lawyer Kenneth Feinberg approved 399 of the 4,343 claims filed and rejected 3,944.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story


Events