Ethanol Plant Sale Announced

(GantDaily Graphic)

CLEARFIELD – Pennsylvania Grain Processing, LLC announced that on April 20 it was approved as the buyer of a grain processing facility located in Clearfield Pennsylvania. The facility can process up to 40 million bushels of grain per year into 110 million gallons of ethanol and 330,000 tons of dry distiller’s grain with solubles (DDGS). The seller of the facility is Alfred T. Giuliano, Chapter 7 Trustee of Bionol Clearfield, LLC, et al.

Ethanol is a renewable, cleaner burning, high-octane, domestic source of fuel that today meets 10 percent of U.S. gasoline demand. DDGS is a high-value animal feed. PGP is excited to invest in the Clearfield, Pennsylvania community and looks forward to positively contributing to the agricultural community and the regional economy as a whole.

The plant was constructed in 2009 and began operating in the first quarter of 2010 as the first and only large-scale grain-to-ethanol facility in Pennsylvania. The facility has been idle since June, 2011. PGP plans to resume production at the plant as soon as possible.
PGP is an affiliate of Zeeland Farm Services, Inc. (ZFS), a 60 year old, diversified agricultural and transportation company headquartered out of Western Michigan.

“Through this acquisition, PGP is poised to serve Pennsylvania with new market opportunities and economic development,” explained Dan Meeuwsen, company manager. “It is our goal to develop viable business opportunities and promote job development as much as possible, helping to add value to the community and the agricultural industry in any way we can.”

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