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The Otter Tail Ag ethanol plant in Fergus Falls is going through a rough patch after its owners filed for Chapter 11 bankruptcy in November. Otter Tail Ag CEO Anthony Hicks hopes the restructuring will allow the plant to stay open. (Dave Wallis/The Forum)

Fergus Falls ethanol plant files for bankruptcy

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CALLAWAY -- Otter Tail Ag Enterprises ethanol plant in Fergus Falls has run into financial difficulties with a recent Chapter 11 bankruptcy filing.

But Otter Tail Ag CEO Anthony Hicks said that the filing should help the plant emerge with a good chance to succeed.

He addressed a Detroit Lakes Regional Chamber of Commerce's Agricultural Issues forum in Callaway on Thursday.

The bankruptcy filing was pre-arranged with its creditors, Hicks said.

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