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Workmen use a tall lift as they put insulation around pipes at the Otter Tail Ag Enterprises ethanol plant under construction in 2008 in Fergus Falls. Forum file photo

Fergus Falls ethanol operator receives extension

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Otter Tail Ag Enterprises, which operates the Fergus Falls, Minn., ethanol plant, has six more weeks to come up with $12 million worth of capital, or face possible liquidation to resolve its debt problems.


The company filed for Chapter 11 bankruptcy in November 2009 and originally faced a deadline of Aug. 18 to either come up with the $12 million or a court-approved plan for a lesser amount, CEO Anthony Hicks said.

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