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Bankrupt Buffalo Lake Ethanol Plant Sold

An embattled Buffalo Lake, Minnesota ethanol plant has now been turned over to its lender under a court order, which has left most of the creditors unpaid. Judge Katherine Constantine, a U.S. Bankruptcy judge, awarded the Purified Renewable Energy assets to West Ventures. This is the company that financed the rebirth of the plant in… Read more »

Sale of Minnetonka Company Could Result in 118 Jobs Lost

Staffing levels will not be known until after a Minnetonka bankruptcy case gets approval from the bankruptcy court judge. Scicom Data Services could lay off 188 of its workers in the Twin Cities company when it is sold to Taylor Corp. Scicom warned that there would be a mass layoff and that all 118 employees… Read more »