SOUTH ROXANA, IL (PRWEB) May 18, 2018
Maas Companies of Rochester, MN will auction St. Louis Biofuels’ $8 Million Dollar/12 Million Gallon per year biodiesel plant. Maas Companies specializes in the liquidation of specialized and renewable assets for private companies, courts, banks and lenders nationwide. The assets will be sold via a sealed bid auction; the deadline for offers is Wednesday, June 27 at 4 PM CDT.
St. Louis Biofuels facility was originally built in 1995. As one of nine biodiesel plants in the state of Illinois, the property underwent an $8,000,000 upgrade in 2006 and an additional tank farm upgrade in 2014. The plant is multi-feedstock capable and used soybean and vegetable oil.
Tyler Maas, director of sales and marketing for Maas Companies, states, “This auction offers a great opportunity for a new owner since the industrial site has over 620,000 Gallons of Tank Capacity and is applicable to several industries. In addition, the location embraces the economic benefits of operating in a smaller community.”
Bidders interested in the plant should contact the auction company to receive access to all the due diligence documents prior to submitting a sealed bid.
Potential buyers are encouraged to schedule an inspection of the property and equipment during the below noted times or by private appointment:
Monday, June 5, 9 AM – 3 PM
Monday, June 26, 9 AM – 3 PM
Other times by appointment.
Details of the sale are available at the auction website, http://www.biodieselplantauction.com or by contacting the auction company directly at 507-285-1444.