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.
Originally posted on Green Fleet Magazine