Complete liquidation of Wellman’s soybean and seed conditioning facilities and surplus equipment will take place in February.
January 21, 2025
Maas Companies Inc. announced that it will auction the food-grade non-GMO soybean conditioning, packaging, shipping and warehousing facility in Van Wert, Ohio, and surplus equipment from an additional seed processing facility in Delphos, Ohio, in February.
The sealed bid auction will include the real estate and equipment from the Wellman Seeds Inc. facility in Van Wert that most recently ran in June 2024. The Van Wert site consists of 4.83 acres, with two buildings totaling 27,826 sq. ft. and more than 202,000 bu. of storage capacity, truck scale, adjacent rail access and two vacant residential lots.
The Delphos location real estate will not be sold; however, bidders will have the opportunity to submit a sealed bid to lease the available 35,803 sq. ft. of warehouse space and truck scale. An online auction will sell the surplus forklifts, trailers, grain trucks, semi-tractors, pickup trucks, augers, conveyors, seed tenders, weigh wagons, gravity wagons, tractors and hundreds more items.
The sealed bid auction allows buyers the ability to purchase the Van Wert assets in tracts or as an entirety. Bidders also have an opportunity to submit their highest and best bid to lease the available warehouse space in Delphos. Sealed bid offers are due to the auction company by Feb. 18 at 4 p.m. EST.
The online equipment auction will allow bidders to compete with each other as they bid on over 200 lots of seed processing equipment, support equipment and rolling stock. Online bids are due by Feb. 20 at 4 p.m. EST.
Tyler Maas, chief auctionologist with Maas Companies, stated, “This is a perfect opportunity for a company to purchase a recently updated food grade non-GMO soybean conditioning plant in northwestern Ohio. More than 63% of the manufacturing facilities and 80% of U.S. corporate headquarters can be reached by highway transportation in one day from Van Wert.”
Potential buyers are encouraged to attend one of the four open house inspection dates:
Van Wert facility – Jan. 28 and Feb. 11 from 9 a.m.to 3 p.m. EST.
Delphos facility – Jan. 29 and Feb. 12 from 9 a.m.to 3 p.m. EST.
Matterport 360 virtual tour and drone video are also available. Details of the sale are available at the auction website at www.grainelevatorauction.com or by contacting the auction company directly at (507) 285-1444.
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