ACE Congratulates Chief Ethanol Fuels
Posted on 05/27/2016
Chief Ethanol Fuels acquires ethanol plant.
Sioux Falls, SD, May 27, 2016 – Brian Jennings, the Executive Vice President of the American Coalition for Ethanol (ACE) released the following statement on the acquisition of Cornhusker Energy Lexington, LLC by Chief Ethanol Fuels.
“We congratulate Chief for the acquisition of the Lexington plant which will increase the company’s total production capacity to 120 million gallons per year,” said Jennings. “Chief Industries is a diversified company with a strong reputation. We’re confident that under the steady leadership of the Chief Ethanol Fuels management team, the plant in Lexington will provide high-skill, high-wage jobs and boost conditions for corn farmers and cattle ranchers/feeders in the area.”
Chief Ethanol Fuels in Hastings is the first dry mill ethanol plant in Nebraska. It is currently operating at a rate of 70 million gallons per year. Chief Ethanol Fuels General Manager Duane Kristensen is the Vice President of the ACE Board of Directors.