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Madera Ethanol Plant Sold for $28.3 Million

In January, Pacific Ethanol changed its name to Alto Ingredients. Now the company founded by Fresno farmer and politician Bill Jones has sold its Madera production plant to Seaboard Energy California, LLC. Seaboard Energy California paid $19.5 million in cash and assumed $8.8 million in Alito Ingredients' liabilities in exchange...

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