Judge Approves Sale of Ethanol Plant in Oshkosh
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.
Information from: WQOW-TV, http://www.wqow.com