5:00 PM
36579 US Hwy 14
Miller, SD 57362
Brochure
Description
25,536 Sq. Ft. on 22± Acres
Construction Completed December 2008
Plant has Capability to Process Other Oilseeds
Rail Spur “Ready” Adjacent to DM&E Line
Complete Liquidation of Real Estate and Equipment
Sealed Bid Deadline is Friday, July 29 – 5:00 pm
Former South Dakota Oilseed Processors Plant
PLANT SUMMARY: The Former South Dakota Oilseed Processors Plant was completed in December of 2008. The facility is capable of processing 375 tons of soybeans per day, using screw presses for mechanical oil separation. The plant has the capability of processing other oilseeds such as sunflowers (250 tons per day) and canola with very little retrofitting. Beans were supplied to the company from local growers with easy access to good highway and railroad transportation.
Production Capacity:
(Based on a 170-day Soybean/170-day Sunflower Crushing Schedule)
Soybean Crush - 63,750 tons/yr
Soybean Oil - 9,403 tons/yr
Soybean Meal - 45,386 tons/yr
Soybean Hulls - 4,388 tons/yr
Sunflower Crush - 42,500 tons/yr
Sunflower Oil - 15,534 tons/yr
Sunflower Meal - 25,601 tons/yr
Building Areas:
4,072 sq. ft. Office & Boiler Building
10,000 sq. ft. Process Building
11,464 Meal Storage Building
180,000 bushels Soybean & Sunflower Storage
125 ton Metering Bin for Incoming Feedstock
2- 30,000 gallon Oil Storage Tanks
100 ton CO2 Storage Tank
SUPPORT EQUIPMENT TO BE SOLD VIA ONLINE ONLY AUCTION:
Online Auction Starts Friday, July 22, and Ends Friday, August 5 at 5 pm.
Online Items include: 100 Ton CO2 Storage Tank, Skid Loader, Trailer, Lab Equipment, Tools, and Spare Parts.
AUCTION MANNER OF SALE: Sealed bids will be accepted by Maas Companies until Friday, July 29 at 5 pm. Sealed Bid offers must be received by the deadline and be accompanied by a first nonrefundable deposit of $50,000 along with a fully completed and notarized Bidder Kit. Bids must be delivered via traceable courier to Maas Companies Inc: at 6923 10th Ave. SW, Rochester, MN 55902 (507)285-1444. Deposit monies are payable to First Bank & Trust, Brookings, SD. All bids are subject to Seller’s acceptance. At no time may Bidders revoke their Sealed Bid Offers; deposits will be returned to the non-winning bidder within 7 days. The Sealed Bid Auction process is binding and offers are non-revocable. Buyers should request and thoroughly review all documents prior to submitting a sealed bid offer. South Dakota law imposes sales tax on purchases of machinery, equipment or other personal property at auction sale. Successful bidders will be required to remit with their bid payment, in addition to their purchase price and any applicable buyer’s premium, sales tax in the amount of four percent (4%) of the successful bid. To obtain a Bidder’s Kit, please contact the auction company at 507-285-1444.
INSPECTIONS:
Thursday, June 23 • noon to 5:00 pm
Thursday, July 21 • noon to 5:00 pm
Thursday, July 28 • noon to 5:00 pm
Other times by Appointment.
Catalog Addendum
Construction Completed December 2008
Plant has Capability to Process Other Oilseeds
Rail Spur “Ready” Adjacent to DM&E Line
Complete Liquidation of Real Estate and Equipment
Sealed Bid Deadline is Friday, July 29 – 5:00 pm
Former South Dakota Oilseed Processors Plant
PLANT SUMMARY: The Former South Dakota Oilseed Processors Plant was completed in December of 2008. The facility is capable of processing 375 tons of soybeans per day, using screw presses for mechanical oil separation. The plant has the capability of processing other oilseeds such as sunflowers (250 tons per day) and canola with very little retrofitting. Beans were supplied to the company from local growers with easy access to good highway and railroad transportation.
Production Capacity:
(Based on a 170-day Soybean/170-day Sunflower Crushing Schedule)
Soybean Crush - 63,750 tons/yr
Soybean Oil - 9,403 tons/yr
Soybean Meal - 45,386 tons/yr
Soybean Hulls - 4,388 tons/yr
Sunflower Crush - 42,500 tons/yr
Sunflower Oil - 15,534 tons/yr
Sunflower Meal - 25,601 tons/yr
Building Areas:
4,072 sq. ft. Office & Boiler Building
10,000 sq. ft. Process Building
11,464 Meal Storage Building
180,000 bushels Soybean & Sunflower Storage
125 ton Metering Bin for Incoming Feedstock
2- 30,000 gallon Oil Storage Tanks
100 ton CO2 Storage Tank
SUPPORT EQUIPMENT TO BE SOLD VIA ONLINE ONLY AUCTION:
Online Auction Starts Friday, July 22, and Ends Friday, August 5 at 5 pm.
Online Items include: 100 Ton CO2 Storage Tank, Skid Loader, Trailer, Lab Equipment, Tools, and Spare Parts.
AUCTION MANNER OF SALE: Sealed bids will be accepted by Maas Companies until Friday, July 29 at 5 pm. Sealed Bid offers must be received by the deadline and be accompanied by a first nonrefundable deposit of $50,000 along with a fully completed and notarized Bidder Kit. Bids must be delivered via traceable courier to Maas Companies Inc: at 6923 10th Ave. SW, Rochester, MN 55902 (507)285-1444. Deposit monies are payable to First Bank & Trust, Brookings, SD. All bids are subject to Seller’s acceptance. At no time may Bidders revoke their Sealed Bid Offers; deposits will be returned to the non-winning bidder within 7 days. The Sealed Bid Auction process is binding and offers are non-revocable. Buyers should request and thoroughly review all documents prior to submitting a sealed bid offer. South Dakota law imposes sales tax on purchases of machinery, equipment or other personal property at auction sale. Successful bidders will be required to remit with their bid payment, in addition to their purchase price and any applicable buyer’s premium, sales tax in the amount of four percent (4%) of the successful bid. To obtain a Bidder’s Kit, please contact the auction company at 507-285-1444.
INSPECTIONS:
Thursday, June 23 • noon to 5:00 pm
Thursday, July 21 • noon to 5:00 pm
Thursday, July 28 • noon to 5:00 pm
Other times by Appointment.
Catalog Addendum
Directions
The Plant is located about 6 miles east of Miller, South Dakota along the south side of U.S. Highway 14. Miller is located in Hand County in east central South Dakota at the junction of South Dakota Highway 45 and US Highway 14. The plant site is located approximately 55 miles north of Interstate Highway I-90, a transcontinental east/west expressway running through South Dakota from Sioux Falls to Rapid City. The plant site is situated between the Dakota, Minnesota & Eastern (DM&E) Railroad tracks and U.S. Highway 14, with an entrance to the site directly off U.S. Highway 14.
Payment Information
REAL ESTATE: 5% Buyer Premium. Funds are payable to First Bank & Trust. Sealed Bid offers must be received by the deadline and be accompanied by a first nonrefundable deposit of $50,000.
EQUIPMENT: 13% Internet Buyer Premium. Payment due at time of sale. Funds are payable to First Bank & Trust. Acceptable forms of payment are: cash, wire transfer (posting no later than Monday, August 8 at 5 pm) or check with a letter of guarantee. Nothing will be removed until payment has posted. Removal, packaging and transportation costs are the responsibility of buyer.
Full Terms
REAL ESTATE: Sealed Bid deadline Friday, July 29 at 5pm. Real Estate selling Subject to Owner Confirmation. Attorney Robert E. Hayes, Davenport, Evans, Hurwitz & Smith, LLP, is overseeing the closing. See Bidder Kit for complete terms.
EQUIPMENT: Nothing will be removed before Monday, August 8. Small items must be removed within 7 days or are subject to forfeiture. Larger items require a rigging commitment within 7 days. Sales tax may apply. Buyers with exemption status must submit a completed South Dakota Exemption Certificate at time of registration. Subject to prior sale.
REAL ESTATE & EQUIPMENT: Everything is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. All sales final. Buyers are urged to inspect the items prior to sale. Seller and Auctioneer are not responsible for items. In the event of a dispute, Auctioneer will have the final decision.
In all transactions, auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event.
Ronald R. Kirby, Broker #14917, Rochester, MN
(Mr. Kirby is also licensed in AL, KY, NE, NC, & TN as a Real Estate Broker.)
Maas Companies Inc, Real Estate Firm #13224, Rochester, MN