abc
QUICK LINKS:

Shareholders Approve Ethanol Co-op Sale in Little Falls

Created: 12/03/2013 12:25 PM KSTP.com
By: Jennie Olson

Shareholders have approved the sale of Central Minnesota Ethanol Co-op in Little Falls.
    
About 650 shareholders voted in the last week on selling the facility to Green Biologics, Inc. It plans to convert the plant to butanol production. The purchase is expected to be completed late in 2014.
    
Green Biologics specializes in renewable chemicals and advanced biofuels.
    
The St. Cloud Times says the sale is the end of an era for CMEC, which was established in 1995. The Little Falls plant was one of the first of its kind in Minnesota. It bought 7.5 million bushels of corn annually and produced 21 million gallons of ethanol per year.
    
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

File Photo
Photo: AP/Charlie Riedel

Minneapolis/St. Paul

Broken Clouds
63°
78° | 62°
  • Feels like: 63° F
  • Wind: SW 5mph
  • Humidity: 87%
  • Wed Times of sun and clouds
    83° | 70°
  • Thu Slight chance of a thunderstorm
    84° | 60°
  • Fri Times of sun and clouds
    70° | 51°
  • Sat A few clouds
    70° | 52°

Video

KSTP NEWS