J.D. Heiskell acquires Iowa ethanol business
J.D. Heiskell Holdings acquired Hawkeye Gold, an ethanol and ethanol co-products marketing business with offices in Ames, Iowa, USA.
will acquire all employees and assets of Hawkeye Gold and will continue to operate the business under its current name in Ames, Iowa.
J.D. Heiskell Executive Vice President and Chief Operating Officer Ryan Pellet said he was confident that the business transaction will benefit the two companies.
"Our expectation is that both entities will benefit from this change and that it will create a number of opportunities for mutual growth."
markets denatured fuel ethanol and distiller's dried grains for a number of ethanol production facilities strategically located in Iowa and the upper Midwest.
Heiskell will overlay its truck and rail transportation network that serves the entire western US, including many large animal agriculture production operations and animal feed manufacturing facilities.
Heiskell will also leverage its export trading business and personnel and its proprietary accounting and inventory systems.
Hawkeye Gold was formerly an operating subsidiary of Hawkeye Energy Holdings, an Iowa based renewable energy company.
J.D. Heiskell & Co
. is a privately-held, professionally managed grain, commodity trading, and livestock feed manufacturing enterprise with locations in seven western states.
Founded in 1886, the company trades grains and commodities throughout the western US and into Mexico and the Pacific Rim countries.
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