Tuesday, March 10 11:00 AM
16749 Highway 65
Tina, MO 64682
Brochure
Description
AMERICAN ENERGY PRODUCERS INC. FACILITY
Complete Liquidation of Real Estate and Equipment
The AEPI property has been sold as an entirety; the auction will not be held. Persons interested in particular equipment lots, feel free to contact Maas Companies at 507-285-1444.
Thank you for your interest and participation.
Real Estate & Equipment
Construction Started in 2007
With Plans to Add 35 Million Bushel Per Year Soybean Processing Facility
$38 Million Spent To Date
Real Estate Selling in Tracts or as Entirety
Reason for Sale: American Energy Producers, Inc.(AEPI), is a new generation producer cooperative made up of 989 members. The goal was to be 100% owned by agricultural producers. The cooperative raised $35,000,000+ and began construction in order to take advantage of incentives at the time. However, AEPI was unable to obtain additional financing during construction. Work at the site has been halted and members have now voted to put the plant up for sale via Auction. AEPI would consider partnership/ financing opportunities to complete the plant.
The plant is located in Carroll County, which is in the North Central portion of Missouri. It sits between Chillicothe and Carrollton, approximately 9 miles north of Carrollton on Highway 65 and 2 miles Southeast of Tina. Carrollton is approximately a 1 1/2 hour drive NE of Kansas City. The site has rail access to the BNSF rail line.
PRE-AUCTION ENTIRETY OFFERING: The plant is available for purchase prior to auction as an entirety, including both real estate and equipment. Potential buyers are encouraged to explore this option in a timely manner and submit their bids prior to Wednesday, February 25th at 5:00pm Central Time; after this date, the plant will be sold piecemeal at auction. Contact the Auction Company for additional information.
The AEPI Real Estate will be offered in 3 Individual Tracts followed by Piecemeal Equipment Lots. Bidders will have the opportunity to bid on
TRACT 1- MAIN PLANT SITE
489± ACRES (200-300± TILLABLE)
7,200± SQ. FT. WAREHOUSE
1,000± SQ. FT. OFFICE/SHOP
TRACT 2- LAND
19± TILLABLE ACRES (NE Portion of the Property North of the RR Tracts)
TRACT 3- ENTIRETY PURCHASE OF TRACTS 1 & 2.
The Real Estate will sell whichever way brings the highest dollar. Piecemeal Equipment will follow Tracts 1-3.
LAND LEASE: Tracts 1 & 2 Currently have 150± Acres Tillable and 150± Acres Hay Land Leased Out Until December 2015.
To review documents related to the Real Estate, please complete and return this release.
Equipment Highlights – See Catalog for Complete Listing
$2.2 MILLION DOLLARS WORTH OF NEW BOILER EQUIPMENT
BRAND NEW ROSEMOUNT INSTRUMENTATION EQUIPMENT
KICE BAG HOUSES
GOULDS PUMPS
NEW ALFA LAVAL HEAT EXCHANGERS
ATLAS COPCO COMPRESSORS
KICE AIR POWER UNITS
JAMESBURY ACTUATORS/VALVES
STAINLESS PROCESS EQUIPMENT/PIPES
STRUCTURAL STEEL/DECKING
SCRAP STAINLESS/CARBON STEEL
Auction will be held at Rupe Community Center, 710 Harvest Hills Drive, Carrollton, MO
EQUIPMENT REMOVAL SUMMARY: NO REMOVAL ON DAY OF AUCTION! Due to the nature of this facility, one rigging company will be contracted to oversee all removal aspects of this plant. The rigging company will provide a price guideline prior to auction estimating removal costs for each piece of equipment. In addition to paying for the equipment, buyers will also pay for removal costs, which will include the item being removed from the facility and loaded onto a truck/trailer. The rigging company will provide a forklift and removal assistance for all small items based on an hourly fee. A price guideline will be available prior to auction. Small items are those not attached to the real property. Buyers will have 7 days to remove all their small purchases; after this date, all remaining items are subject to forfeiture. Buyers of larger items will be required to contract for removal within 7 days of the auction; actual removal deadlines will vary by lot. Companies may petition for a rigging exception; these requests will be evaluated on a case by case basis.
INSPECTIONS:
Tuesday, February 17 • 9 am to 5 pm
Tuesday, March 3 • 9 am to 5 pm
Monday, March 9 • 9 am to 5 pm
Other times by Appointment.
Complete Liquidation of Real Estate and Equipment
The AEPI property has been sold as an entirety; the auction will not be held. Persons interested in particular equipment lots, feel free to contact Maas Companies at 507-285-1444.
Thank you for your interest and participation.
Real Estate & Equipment
Construction Started in 2007
With Plans to Add 35 Million Bushel Per Year Soybean Processing Facility
$38 Million Spent To Date
Real Estate Selling in Tracts or as Entirety
Reason for Sale: American Energy Producers, Inc.(AEPI), is a new generation producer cooperative made up of 989 members. The goal was to be 100% owned by agricultural producers. The cooperative raised $35,000,000+ and began construction in order to take advantage of incentives at the time. However, AEPI was unable to obtain additional financing during construction. Work at the site has been halted and members have now voted to put the plant up for sale via Auction. AEPI would consider partnership/ financing opportunities to complete the plant.
The plant is located in Carroll County, which is in the North Central portion of Missouri. It sits between Chillicothe and Carrollton, approximately 9 miles north of Carrollton on Highway 65 and 2 miles Southeast of Tina. Carrollton is approximately a 1 1/2 hour drive NE of Kansas City. The site has rail access to the BNSF rail line.
PRE-AUCTION ENTIRETY OFFERING: The plant is available for purchase prior to auction as an entirety, including both real estate and equipment. Potential buyers are encouraged to explore this option in a timely manner and submit their bids prior to Wednesday, February 25th at 5:00pm Central Time; after this date, the plant will be sold piecemeal at auction. Contact the Auction Company for additional information.
The AEPI Real Estate will be offered in 3 Individual Tracts followed by Piecemeal Equipment Lots. Bidders will have the opportunity to bid on
TRACT 1- MAIN PLANT SITE
489± ACRES (200-300± TILLABLE)
7,200± SQ. FT. WAREHOUSE
1,000± SQ. FT. OFFICE/SHOP
TRACT 2- LAND
19± TILLABLE ACRES (NE Portion of the Property North of the RR Tracts)
TRACT 3- ENTIRETY PURCHASE OF TRACTS 1 & 2.
The Real Estate will sell whichever way brings the highest dollar. Piecemeal Equipment will follow Tracts 1-3.
LAND LEASE: Tracts 1 & 2 Currently have 150± Acres Tillable and 150± Acres Hay Land Leased Out Until December 2015.
To review documents related to the Real Estate, please complete and return this release.
Equipment Highlights – See Catalog for Complete Listing
$2.2 MILLION DOLLARS WORTH OF NEW BOILER EQUIPMENT
BRAND NEW ROSEMOUNT INSTRUMENTATION EQUIPMENT
KICE BAG HOUSES
GOULDS PUMPS
NEW ALFA LAVAL HEAT EXCHANGERS
ATLAS COPCO COMPRESSORS
KICE AIR POWER UNITS
JAMESBURY ACTUATORS/VALVES
STAINLESS PROCESS EQUIPMENT/PIPES
STRUCTURAL STEEL/DECKING
SCRAP STAINLESS/CARBON STEEL
Auction will be held at Rupe Community Center, 710 Harvest Hills Drive, Carrollton, MO
EQUIPMENT REMOVAL SUMMARY: NO REMOVAL ON DAY OF AUCTION! Due to the nature of this facility, one rigging company will be contracted to oversee all removal aspects of this plant. The rigging company will provide a price guideline prior to auction estimating removal costs for each piece of equipment. In addition to paying for the equipment, buyers will also pay for removal costs, which will include the item being removed from the facility and loaded onto a truck/trailer. The rigging company will provide a forklift and removal assistance for all small items based on an hourly fee. A price guideline will be available prior to auction. Small items are those not attached to the real property. Buyers will have 7 days to remove all their small purchases; after this date, all remaining items are subject to forfeiture. Buyers of larger items will be required to contract for removal within 7 days of the auction; actual removal deadlines will vary by lot. Companies may petition for a rigging exception; these requests will be evaluated on a case by case basis.
INSPECTIONS:
Tuesday, February 17 • 9 am to 5 pm
Tuesday, March 3 • 9 am to 5 pm
Monday, March 9 • 9 am to 5 pm
Other times by Appointment.
Directions
From the City of Carrollton, go North on Highway 65 approximately 9 miles; the site will be on the west side of the road. Access to the plant is off of CR 170. The south portion of the property can be viewed off of CR 180. The plant is at the intersection of Hwy 65 & CR 170. The auction will be held offsite. From Hwy 65 & 10th Street in Carrollton, go south on Hwy 65. Turn left (east) at Mason Street. At “T” make a right onto Harvest Hills Drive. The Rupe Community Center is located behind the Carrollton Fire Department at 710 Harvest Hills Drive in Carrollton, Missouri.
Payment Information
REAL ESTATE: 10% Buyer’s Premium. Persons must show $20,000 Certified Deposit at time of registration to obtain a bidding number. 10% Minimum Certified Deposit/Tract due on day of Sale, with a deposit equal to 20% due within 48 hours, and balance due at closing within 30 days. The Deposit money shall become Earnest Money and is non-refundable. Attorney Joe Thompson, Barnes & Thornburg, LLP is coordinating the closing.
EQUIPMENT: 10% Buyer’s Premium. 13% Internet Buyer’s Premium. All funds due and payable on day of sale via cash, wire transfer (posting within 24 hours) or certified check. No equipment can be removed from the site without full payment. Small items must be removed within 7 days or are subject to forfeiture. Larger items require a rigging commitment within 7 days. Items left longer than 45 days are subject to forfeiture. Removal, packaging and transportation costs are the responsibility of buyer. All sales are final. Sales tax may apply. Buyers with exemption status must document this AT OR BEFORE REGISTRATION.
Full Terms
REAL ESTATE & EQUIPMENT: Terms of Sale and Sale Transaction Subject to Owner Approval. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. Subject to Prior Sale. See Bidder Kit for complete terms, see Catalog for complete descriptions.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
Tyler J. Maas Auctioneer # 02132014; Ronald R. Kirby 3-15.