Ethanol industry news provided by Financial News USA (OTC: FNWU). VeraSun Energy Corporation (NYSE: VSE), a leading ethanol producer, recently announced an addition to its management team, with Barry Schaps assuming the role of Senior Vice President of Logistics. In this position, Schaps will be responsible for developing and implementing operational efficiencies to optimize VeraSun's fleet assets. "We are pleased to have Barry Schaps, a proven and strategic industry executive, join our leadership team," said Don Endres, Chairman and CEO of VeraSun. US BioEnergy Corporation (Nasdaq:USBE), the largest pure-play ethanol producer in the United States, announced that it has acquired an option to purchase land for an ethanol plant and an option to purchase Heartland Co-op's grain elevator near Hayland, NE. US BioEnergy is evaluating numerous site location criteria to determine whether the proposed site is suitable for the construction and operation of a 100 million gallon per year (mgy) ethanol plant.
MGP Ingredients, Inc. (Nasdaq: MGPI) announced that construction of its new technical innovation center in Atchison has been completed and that work on the company's new corporate office building will be finished next month as planned. The corporate office building occupied by MGPI at 1300 Main Street since 1979 will be converted to an operations and engineering center and also will house human resource and information technology personnel. US Farms, Inc. (OTC BB:USFI) recently announced unaudited consolidated record sales for the month ended January 31, 2007 of approximately $466,000. Yan K. Skwara, President of US Farms, Inc., stated, "These sales figures are in line with our projected sales revenues for the month of January 2007 which were primarily Asparagus produce and Aloe Vera plant sales. US Farms, Inc. is a diversified agriculture company.
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