![]() Flint Hills also operates asphalt plants in Algona, Davenport and Dubuque. The company distributes refined fuels throughout the state and owns a fuel terminal in Bettendorf, Iowa. No purchase price was disclosed the sale is expected to close in September.įlint Hills Resources, a leading producer of transportation fuels in the Upper Midwest, already has a significant presence in Iowa. “Both Menlo and Shell Rock have highly valued, professional workforces, which was an important aspect of our decision to acquire these facilities,” Razook said. ![]() “These are high-quality, second-generation ethanol plants that are well-positioned to serve major U.S. “This is an exciting opportunity for our company,” said Brad Razook, president of Flint Hills Resources. The plants each employ about 50 people and each produces about 110 million gallons of ethanol annually. The Menlo and Shell Rock ethanol plants opened in 2008. On August, 16, 2010, Flint Hills Resources signed an agreement for the purchase of the plants with The Royal Bank of Scotland plc. – Flint Hills Resources announced today plans to acquire the Hawkeye ethanol plants in Menlo and Shell Rock, Iowa.
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