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Mansfield's C&N Companies Ethanol Marketing Division Signs 3-Year Agreement With Heron Lake BioEnergy
Tuesday, September 15, 2009 4:51 PM


(Source: Business Wire)trackingToday, Mansfield Oil Company announces the addition of Heron Lake BioEnergy to C&N Companies' existing portfolio of ethanol marketing partnerships. Heron Lake BioEnergy is a dry grind facility, using 18 million bushels of corn to produce 50 million gallons of ethanol and 160,000 tons of Distillers Dried Grains (DDGS) annually. The plant has unit train capacity on the Union Pacific that provides competitive shipping rates to most of the Western United States and excellent truck logistics to Minnesota markets.

"This is our first new plant relationship since our acquisition of C&N and is a real demonstration of the confidence placed in Mansfield and C&N as a thriving, independent marketing partner," says Douglas Haugh, EVP of Mansfield Oil. "Our strengths are logistics, marketing, and the supply chain automation technology that refiners are increasingly requiring of their ethanol suppliers. Working transparently with great producers like Heron Lake, we can improve netbacks for plants. Meanwhile, we reduce costs for customers by slimming transportation and administrative costs across the supply chain."

Bob Ferguson, General Manager for Heron Lake BioEnergy, stated, "We reviewed several potential ethanol marketing companies and we are pleased to have selected C&N. Their transparent approach gives us the ability to manage and forecast our costs and margins. Their access to a nationwide market consisting of refiners and blenders gives us great confidence in their ability to secure the best customers for our product."

Jon Bjornstad, who founded C&N in 2000 with the goal of providing the top ethanol marketing program for independent and farmer-owned ethanol refiners, said, "I'm excited about working with Heron Lake to grow their business and ours. Their competitive production capabilities and rail logistics are an excellent fit for our network and will give us strong competitive supply to west coast markets."

About Mansfield

Ranked #66 by Forbes, Mansfield Oil defines the next generation of downstream oil company, delivering a disciplined approach to fuel services across 49 states from over 900 supply points. Founded in 1957, the company has enjoyed double-digit growth for three decades. Mansfield Oil focuses on optimizing and controlling fuel-related costs with local service nationwide.

A service of YellowBrix, Inc.



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