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BN National Trail Biodiesel LLC biodiesel plant up for auction : Biofuels Digest


In Illinois, after years of financial troubles, lawsuits and a foreclosure, the BN National Trail Biodiesel LLC biodiesel plant will soon have a new owner. BN National Trail Biodiesel LLC, purchased and planned to complete the unfinished scalable 50 million gallon per year multi-feedstock capable biodiesel plant. During construction, the company fell behind on payments to vendors, contractors and its lender, Iuka State Bank. BN National Trail ultimately lost the real estate and equipment through foreclosure. Iuka State Bank now owns the land and all assets, which will be sold through a sealed bid auction next month. The plant, while not totally complete, has produced biodiesel and is now idle. The 13.52-acre property is located in an Enterprise Zone, Opportunity Zone and TIF District in one of the busiest trucking corridors in the country. The site includes modular upgradable design with a partially completed rail spur and mostly completed infrastructure with extensive financial i ....

United States , Jasper County , City Of Newton , Iuka State Bank , Maas Companies Inc , Jasper County Economic Development , City Of Newton Revolving Loan Fund , Development Commission , Iuka State , State Bank , Enterprise Zone , Opportunity Zone , Sealed Bid Auction , Sealed Bid , Companies Inc , Industrial Electric Rate , Newton Revolving Loan Fund , South Central Illinois Regional Planning , ஒன்றுபட்டது மாநிலங்களில் , ஜாஸ்பர் கவுண்டி , நகரம் ஆஃப் நியூட்டன் , இக் நிலை வங்கி , ஜாஸ்பர் கவுண்டி பொருளாதார வளர்ச்சி , வளர்ச்சி தரகு , நிலை வங்கி , நிறுவன ஸோந் ,

Former BN National Trail Partially Completed Biodiesel Plant Site and Equipment Selling via Lender Owned Auction


Former BN National Trail Partially Completed Biodiesel Plant Site and Equipment Selling via Lender Owned Auction | Bids Due Thursday, July 22
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After years of financial troubles, lawsuits and a foreclosure, the BN National Trail Biodiesel LLC biodiesel plant will soon have a new owner. Maas Companies is offering it for sale in a sealed bid auction. Submit your sealed bid offer to the auction company by July 22 at 4 PM CT.
50 MMGY Biodiesel Facility on 13.52± acres | Newton, IL
NEWTON, Ill. (PRWEB)
July 20, 2021
After years of financial troubles, lawsuits and a foreclosure, the BN National Trail Biodiesel LLC biodiesel plant will soon have a new owner. ....

United States , Jasper County , City Of Newton , Tyler Maas , Maas Companies , Iuka State Bank , Maas Companies Inc , Jasper County Economic Development , City Of Newton Revolving Loan Fund , Development Commission , Iuka State , State Bank , Enterprise Zone , Opportunity Zone , Sealed Bid Auction , Sealed Bid , Companies Inc , Industrial Electric Rate , Newton Revolving Loan Fund , South Central Illinois Regional Planning , ஒன்றுபட்டது மாநிலங்களில் , ஜாஸ்பர் கவுண்டி , நகரம் ஆஃப் நியூட்டன் , டைலர் மாஸ் , மாஸ் நிறுவனங்கள் , இக் நிலை வங்கி ,