Green River Biodiesel plant to be auctioned in October

By Erin Voegele | September 09, 2011

The former Green River Biodiesel plant in Moundville, Ala., is scheduled to be auctioned off by Sheldon Good & Co. on Oct. 11. The auction will take place in Birmingham at the Sheraton Hotel Birmingham. According to information released by Sheldon Good & Co., registration will begin at noon, with the auction kicking off one hour later.

Information published by the auction house states that the multibuilding industrial complex occupies a 54-acre site, and features access to two interstates, two on-site rail spurs and potential barge access along the Black Warrior River. While it is possible that an entity purchasing the complex could restart biodiesel operations, Sheldon Good & Co. points out it could also accommodate other industrial or manufacturing uses.

According to a brochure published about the property, the site houses 18 brick and metal buildings that provide more than 100,000 square feet of warehouse, storage and office space. The property also includes a variety of storage tanks that feature a combined liquid storage capacity of 1 million gallons. Other equipment on the property include 19 reactors, two forklifts, a steam boiler, two oil heaters, and two industrial truck loading racks, a computer control mainframe, and a well-equipped lab.

On-site inspections of the facility, by appointment, are scheduled for Sept. 15, 22 and 29. According to information published on the auction, the seller has guaranteed to sell the facility if the highest bid is at or above a minimum bid of $250,000. 

 

 
 
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