Headquartered in Aurora, Nebraska, Aurora Cooperative is one of the largest agricultural retailers in the nation.Photo – auroracoop.com
Pacific Ethanol Inc., a producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, earlier this month closed on its agreement to sell its 74 percent ownership interest in Pacific Aurora LLC to Aurora Cooperative Elevator Co. for a total valuation of $52.8 million.
"Aurora Cooperative is pleased to protect these local destination and rail markets for our farmer owners by gaining full ownership of these ethanol plants, elevator and rail assets," said Chris Vincent, Aurora Cooperative's president and chief executive officer, in a press release.
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