BROOKINGS, S.D. -- US BioEnergy Corporation has named a new president today and announced the relocation of the US BioEnergy operations center to the St. Paul, Minn., area. The company is also acquiring Platte Valley Fuel Ethanol in Nebraska.



Brian Thome, a director on the US BioEnergy corporate board since the company's inception, is the new president. Thome will primarily be responsible for building the infrastructure necessary to support the rapid growth of the ethanol company.



Most recently, Thome was director of financial investments for ethanol construction manager Fagen Inc.



"We are on a fast growth track and are excited to bring Brian onto the team," said Gordon Ommen, CEO of US BioEnergy. Ommen also said he is excited about building the operations center in St. Paul, leveraging its proximity to strategic business partners and availability of a larger labor pool to staff a growing business.



US BioEnergy has entered into a letter of intent with the majority owner to acquire Platte Valley Fuel Ethanol, located near Central City, Neb. Platte Valley is currently undergoing an expansion and will double its level of production by the end of this year.



US BioEnergy has two plants under construction -- US Bio Albert City in Iowa, coming on line in November of 2006; and US Bio Woodbury in Michigan, starting production in October of 2006. US Bio Janesville in Minnesota is in the permitting process, with construction scheduled to begin this summer. With Platte Valley, this would bring US BioEnergy production to approximately 250 million gallons per year by the end of 2006.



US BioEnergy's Operations Center is in the process of relocating to St. Paul, Minnesota. UBE, the third-party management division of US BioEnergy will remain in Wichita, Kan.



US BioEnergy Corporation is a Brookings, S.D.-based company building large, efficient biofuels plants on strategic sites, partnering with local farmers and communities to provide renewable fuels to America.



SOURCE: US BioEnergy via PR Newswire.