Ergon BioFuels plans to restart a 65-million-gallon-per-year ethanol plant at its Vicksburg, Missouri facility after having signed an agreement with Gavilon.
Under the terms of the agreement, Ergon will originate and market grain, with Gavilon operating the 3.2-million-bushel warehouse at the Ergon facilityand begin buying corn, soybeans, milo and soft red wheat from area producers in the near future.
Ergon BioFuels will own and operate the ethanol plant and market the ethanol and corn oil. Gavilon will supply feedstock to the plant, which is scheduled to reopen in May 2015.
“We are thrilled to work with Gavilon as we bring our ethanol facility back online,” said Craig Busbea, general manager at Ergon BioFuels. “The economic gains of this agreement will be a boon to our companies, the city of Vicksburg and the state of Mississippi.”
