SW Georgia ethanol plant to have new owner - WALB.com, South Georgia News, Weather, Sports

SW Georgia ethanol plant to have new owner

CAMILLA, GA (WALB) - Flint Hills Resources has made a deal with Southwest Georgia Ethanol, LLC to buy the ethanol plant in Camilla, for an undisclosed price, according to Albany CEO. 

The transaction is expected to close after customary closing conditions have been satisfied, including regulatory approvals.

In April, OSHA investigators conducted interviews and collect evidence in a grain bin death in Mitchell County, after

31-year-old Joshua Fulghum was killed when he slipped while sweeping seeds in a bin at Southwest Georgia Ethanol.

In October of 2012, the plant stopped production, officials said due to drought stricken Midwest cornfields and higher corn prices, the company would no longer purchase corn this year to save money.

They say the plant will be idle until corn prices come down, but they insist the company is in great financial shape after coming out of Chapter 11 bankruptcy earlier that year.

More info HERE…

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