Fox River Ethanol Announces Distribution Deal with Furst-McNess
Wisconsin Ag Connection - 09/19/2013
The new owners of the former Utica Energy ethanol plant in Oshkosh say the facility will be ready to come back online in October. It will be called Fox River Valley Ethanol and on Wednesday the company announced that Furst-McNess Company has been selected as the exclusive marketer and distributor of all
feed co-products that the plant produces.
"We are pleased to enter into a new relationship with Furst-McNess," said Fox River President Neal Kemmet. "Ethanol plants are an important source of feed products in the Midwest, and we look forward to beginning production at our plant in Oshkosh and providing distiller's co-products that will help serve the
needs of the many users in the region."
Some of those products include wet distillers grains with solubles, condensed corn distillers with solubles and dry distillers grains with solubles. Furst-McNess also served as the marketer for the plant when it was operated by Utica Energy.
The facility was built 10 years ago by the same owners who ran Olsen's Mill and Renew Energy in Jefferson. It has since been sold to investors after the Olsen venture collapsed and its divisions were auctioned off to various buyers to pay back debt. Ace Ethanol in Stanley purchased the property in July of this
year for $16.5 million.
The operation has the capacity to produce up to 60 million gallons of ethanol each year.