Cascade Grain Products, LLC ("Cascade") constructed and
operated a 108 million gallon per year Delta-T corn-based, dry mill fuel-grade ethanol facility in
Clatskanie, OR. Cascade filed for Chapter 11 bankruptcy protection on January 28th, 2009. The case was converted to a
Chapter 7 filing on September 28th, 2009. Complete case information can be found at the
United States Bankruptcy Court for the District of Oregon.
Bankruptcy Dates and Facts
- Qualified bids due December 7th, 2009 -
Bid Procedures
- Auction December 9th, 2009 - no minimum bid, follow-on bidding permitted.
- Bid/Auction Procedures Details
- Successful bidder to obtain assets Free and Clear of Liens
- Successful bidder to Assume/Reject executory contracts
- As is/Where is basis, no warranties express or implied
Key Asset Facts
- 108 MGY nameplate (undenatured/anhydrous) Delta-T corn-based fuel ethanol production plant
- Construction completed in June 2008
- Operational June 2008-January 2009, "cold-idle" since
- Total fixed asset construction costs of ~$185 million
- 44-acre site at Port Westward in Clatskanie, OR
- Ethanol shipments via barge, rail and truck
- Dry distillers grain shipments via rail, truck and container
- ~7.5 million gallons of denatured ethanol storage
Available Materials - Public
Available Materials - Post executed Non-Disclosure Agreement
- Data room with 350+ documents
- Virtual Tour - Request a user account to view 11 additional images
- Registered users click here
- Facility Tours Nov. 17-19 and Nov. 30-Dec. 3, 2009
Sales Agent Contact Information
IR1 Group
Jeff Manternach
559-261-2552
jeffm@ir1group.com
