Global Fuels is Scheduled for Auction on Tuesday, July 23
Maas Companies of Rochester, MN will auction Global Fuels $11 Million Dollar/5 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 as the owner is retiring; the deadline for offers is Tuesday, July 23 at 4 PM CDT.
DEXTER, Mo., June 26, 2019 /PRNewswire-PRWeb/ -- Global Fuels facility was originally built in 2007 with a capacity of 3.1 million gallons per year. The plant went through a technology upgrade in 2013 to increase its capacity to 5 million gallons and allow feedstock processing with free fatty acid content up to 15%. Located in southeastern Missouri, the plant is strategically located near markets in Missouri, Arkansas, Illinois, Kentucky and Tennessee.
Tyler Maas, director of sales and marketing for Maas Companies, states, "This auction offers a great opportunity for a new owner in the renewable industry or a local buyer with a regional business interest. The property has a 12,400 Sq. Ft. Production/Warehouse/Office Building adaptable to many business uses. 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, July 1, 9 AM – 2 PM
Monday, July 22, 9 AM – 2 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.
SOURCE Maas Companies
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