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Zeeland Freight's Parent Co. Acquires Ethanol Plant

January 12, 2010

ZEELAND, MI --- Zeeland Farm Services Inc., a Michigan-based agricultural and transportation company, has agreed to purchase an ethanol plant in Cambridge, Neb., for $30.1 million. 

Zeeland already encompasses four separate companies: Zeeland Farm Services, Zeeland Freight Services, Zeeland Farm Soya (which produces soy biodiesel) and Zeeland Food Services. 

The deal was made during a bankruptcy auction for Mid America Agri Products/Horizon LLC. 

Zeeland Farm Services is launching a new subsidiary, Nebraska Corn Processing, which will run the ethanol plant operation. The 44 MMgy ethanol plant in Cambridge has been idle for the past year.

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