Maas Companies Conducts Sealed Bid Auction of Ethanol Plant and Assets

Maas Companies has been selected to conduct a sealed bid auction of various assets including an ethanol plant, commercial development land, and a transload rail facility. The Quad County Corn Processors ethanol plant is being sold as a complete package with all production equipment and rolling stock. The property includes 3.7 million bushels of grain storage and has a capacity to produce 35 million gallons of ethanol per year.

The properties are being offered individually or as a package through the auction, which will take place on September 29th. On-site inspections for some of the properties have been scheduled for specific dates in late September, and Matterport 360 virtual tours and drone tours are also available to help potential bidders evaluate each site.

A deposit of $20,000 in certified funds is required with all sealed bid offers, and a 5% buyer's premium will be added to the winning bid. A 1% broker participation fee is available from the auction company for brokers representing a buyer.