Pardue Grain Inc., a long standing grain elevator and pulse processor in Cut Bank, MT, will be auctioned via a combination sealed bid and online auction in September, 2020 by Maas Companies.
The facility recently went through a $8.25 million expansion/upgrade which included a food grade pulse processing facility with warehouse, expanded grain handling bins and conveying equipment along with new scale house and main office buildings.
The perfect storm of significant construction delays outside of the owner’s control and the recent pandemic are key factors forcing the sale.
The main plant property and equipment will sell in tracts or as an entirety via a sealed bid auction with bids due on September 15, 2020. The ancillary support equipment is selling piecemeal via a timed online auction ending on September 16, 2020.
Located within the famed Montana 'Golden Triangle,' with its own 10-car private rail spur off BNSF’s main line, the property is an excellent addition to an established business or offers a complete footprint for a new entity.
Pardue Grain Inc., holds numerous food grade ratings including Organic and Kosher certifications.
"Rarely do we see this type of opportunity in this industry," says Tyler Maas with Maas Companies. "The current owners are willing to facilitate a smooth transition with a new owner after being involved with the site since its’ beginning in 1959. Bidders are fortunate to have the ability to purchase the property in tracts or as an entirety. The property is in pristine operating condition."
Bidders interested in the property should contact the auction company to receive access to all the due diligence documents prior to the auction.
Potential buyers are encouraged to inspect the property during the below noted times or any time via virtual tour:
- Thursday, August 27, 2020, 9 a.m. – 3 p.m.
- Thursday, September 10, 2020, 9 a.m. – 3 p.m.
- Other times by appointment
Details of the sale are available here or by contacting the auction company directly at 507-285-1444.
