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Judge Approves Sale of Ethanol Plant in Oshkosh

Fri, 07/12/2013 - 10:32am

STANLEY, Wis. (AP) — A judge in Winnebago County has approved the sale of an ethanol plant in Oshkosh to a company in western Wisconsin.

Ace Ethanol of Stanley wants to buy the Utica Energy plant for $16½ million. The deal must be approved by shareholders at a meeting later this month. If that happens, production could begin at the Oshkosh plant around harvest time.

WQOW-TV says the plant produces about 50 million gallons of ethanol a year. Ace Ethanol president Neal Kemmet says the Oshkosh plant will be renamed Fox River Valley Ethanol.

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Information from: WQOW-TV, http://www.wqow.com

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