LENDER ORDERED AUCTION: Pardue Grain Facility
Details
Nestled in the shadow of the Rocky Mountains, minutes from Glacier National Park, Pardue Grain Elevator is located on the high plains at the northwest corner of Montanas famous Golden Triangle, 12 miles west of Cut Bank, Montana.
64 Pardue RD
Cut Bank, MT 59427
Inspections
Thursday, August 27: 9:00 am to 3:00 pm MDT
Thursday, September 10: 9:00 am to 3:00 pm MDT
Other Times By Appointment
Bid Deadline
Tuesday, September 15 4:00 pm (MDT) Sealed Bid Deadline
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Location
Details
Like New 2019 $8.25 Million Dollar Food Grade Pulse Processing Plant
500 Bushels/Hour, Capability to Add Other Processing Lines
Plus-Transloading, Grain Elevator Facility on 34.71 Acres
Sealed Bid Deadline Tuesday, September 15, 4:00 pm (MDT)
Online Auction Ends Wednesday, September 16, 4:00 pm (MDT)
PLANT SUMMARY: Pardue Grain, Inc. started as a small elevator along the BNSF mainline 12 miles west of Cut Bank, MT in 1959. The site has continued to grow ever since as a toll processor and trans-loader. 2010 saw the addition of six 32,700-bushel bins and a 220,000-bushel flat warehouse. In 2013 six hopper bins were added to handle the increasing amount of pulse crops. In 2016 a portable cleaner and support equipment was added.
Pardue has cleaned 4 different types of chickpeas, 3 different varieties of lentils and yellow and green peas. A 10-car private rail spur was added and recently upgraded.
View Drone Video of the facility:
PULSE PROCESSING SUMMARY: The latest addition to the facility came in 2018 with the addition of an $8,250,000 million dollar food grade pulse crop processing plant.
The line which was commissioned in January of 2019, has SQF-2 Certification along with Organic, Certified Seed, Kosher and USDA certifications. Gluten and Gluten Free processing is also available.
The processing equipment includes a Q-SAGE 6 x 88 (2+4) air screen cleaner, Premier Indent Machine with 6 cylinders, Oliver 3600 gravity table, Oliver 1050 Rerun gravity table, Oliver 905 de-stoner, 6 Channel Delta color sorter, and BM&M sizing machine. The packaging line consists of a fully automatic Statec Binder packaging system, a Fortress Technology Stealth Large Bag Metal Detector, a Markum-Imaje 2200 Tag Printer and Placer, and a Columbia Okura robotic palletizer and pallet wrapping system. The plant was loading 50- and 100-pound bags, 2,000 lb. totes and bulk. Future expansions of a pea splitting line, flour line and cold press line had been planned.
PULSE PRODUCTION CAPACITY:
30,000 pounds/500 bushels per hour
STORAGE CAPACITY:
750,000 bushel with 450,000 having aeration
60,000 of grain drying capabilities
1,000 tons bagged storage in two food grade buildings
TRUCK SCALES:
2017 Rice Lake Survivor 11 x 110 Scale
10 x 35 Scale
UTILITIES:
WELL/SEPTIC-Private
ELECTRIC-Glacier Electric Coop.
PHONE-Northern Telephone Coop
TAXES: 2019 - $15,227
SUPPORT EQUIPMENT TO BE SOLD VIA ONLINE ONLY AUCTION:
Online Auction Bidding Ends Wednesday, September 16th 4:00 pm (MDT).
Online Items Include:
6-Amber Waves Hopper Bins with Conveyors
Forklifts, Trucks, Tractors, Trailers, Telehandler, Compressor, Grain Augers and other items.
Click here for Tract 1 highlights.
Click here for Tract 2 highlights.
Click here for the Support Equipment to be sold via online auction.
To view other documents that may aid in your due diligence, please complete and return this release.
Potential bidders looking to finance their purchase may qualify for a USDA Business & Industry Loan Guarantee through their existing lender. For details please read the Business & Industry informational sheet.
MANNER OF SALE
Tract 1: 34.71 Acres Main Plant and Equipment with 10 Car Private Rail Spur on BNSFs Main line.
Tract 2: Interior Pulse Processing Equipment Line to be Moved if Sold Separately.
Tract 3: Entirety Purchase of Tracts 1 and Tract 2 Remaining on Site.
10% Buyer Premium for Tracts 1-3. 13% Buyer Premium for Support Equipment Items.
Tracts 1-3: Sealed Bid deadline is Tuesday, September 15 at 4:00 pm MDT. Offers must be received by the deadline and be accompanied by a $20,000 earnest money deposit (cashiers check or wire) and a completed Sealed Bid Form.
Tract 1 & 3: An additional deposit equaling 20% is due within 48 hours of bid acceptance, balance due at Closing within 30 days; deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction.
Tract 2: Full Payment Due within 48 hours. Buyer Has 30 days for removal; rigging/removal timeline due within 7 days of bid acceptance.
Support Equipment Items: Payment due at time of Sale. No equipment can be removed without full payment. Smaller items must be removed within 14 days. Grain bin removal is within 30 days.
Bids must be delivered by traceable courier to Maas Companies Inc at 6923 10 AVE SW, Rochester MN 55902. Sealed Bids are binding and non-revocable. Funds are payable to First Interstate Bank. Attorney Lindy Lauder with Crowley Fleck is overseeing the closing.
Selling Subject to Owner and Lender Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
Grain Products are not included in Auction.
Small items must be removed within 14 days or are subject to forfeiture. Larger items require a rigging commitment within 7 days.
(An exception will be made for the removal of Tract 2 & Lot 72: Additional removal time can be requested if a removal schedule is provided immediately following auction. Buyers may use the Rigging Company of their choosing, provided the vendor can supply adequate liability and insurance documentation.)
Items left longer than 45 days are subject to forfeiture. Removal, packaging and transportation costs are the responsibility of buyer. All sales are final.
Licensed Contractors required for any gas or electrical connections.
Buyer responsible for all wall and roof penetration repairs where equipment was removed. Repair must be weather tight and made with material of similar construction.
In all transactions, Auctioneer is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company. Any announcement made at the auction takes precedence over any material published about this event. In the event of a dispute, Auctioneer has final decision. Valid Government Issued Photo ID required to obtain bidding number.
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.
Re: LENDER ORDERED AUCTION: Pardue Grain Facility
Nestled in the shadow of the Rocky Mountains, minutes from Glacier National Park, Pardue Grain Elevator is located on the high plains at the northwest corner of Montanas famous Golden Triangle, 12 miles west of Cut Bank, Montana.
64 Pardue RD
Cut Bank, MT 59427
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
