Company signs contract for Cambridge ethanol plant

Tuesday, January 5, 2010
The Cambridge ethanol plant has a new owner. (Courtesy photo)

ZEELAND, Mich. --Nebraska Corn Processing LLC has confirmed that it signed an agreement with Mid America Agri Products/Horizon, LLC (MAAP/H) on Dec. 17 to acquire its corn processing plant.

The plant, located in Cambridge, Neb., can process 16 million bushels of corn per year into 44 million gallons of ethanol and 400,000 tons of wet distiller's grains with solubles (WDGS).

Ethanol is a renewable domestic source of fuel that is meeting a greater and greater share of U.S. gasoline demand. WDGS is a high-value animal feed. NCP is excited to invest in the Cambridge, Nebraska community and looks forward to further strengthening the agricultural economy in the region.

The plant was built in 2007 but was idled for much of 2009. NCP plans to resume production at the plant as quickly as possible in early 2010. NCP is a subsidiary of Zeeland Farm Services, Inc.® , an agricultural and transportation company serving the upper Midwest since 1950. ZFS' Grain Division will provide commodity price risk management services to NCP. ZFS' Ingredients Division will market the animal feed co-products that are produced from the plant to the livestock industry.

"This acquisition will allow NCP to gain a foothold in the energy industry and to further invest in agriculture," explained Cliff Meeuwsen, company president. "Our goal is to develop viable business opportunities that will benefit NCP, agriculture and the communities in which we reside."

About ZFS™: ZFS comprises four separate divisions: Zeeland Farm Services, Inc., Zeeland Farm Soya, Inc.™, Zeeland Freight Services, Inc.™, and Zeeland Food Services, Inc.™ ZFS' wide array of specialty products and services include soybean processing, feed ingredients, grain marketing, a full-service elevator, ZFSelect™ soybean seeds, GMO (Genetically Modified Organism) and non-GMO soybean meal, Zoye™ soybean oils, transportation and maintenance.

ZFS has taken innovative measures to be environmentally friendly -- running their soybean processing facility on renewable energy from a local landfill, co-generating renewable power and steam, and building a LEED silver certified administration building.

Respond to this story

Posting a comment requires free registration: