PRATT, Kan. (AP) -- A new owner plans to reopen an ethanol plant in Pratt that's been closed since 2008.

Officials with Scoular Co. of Omaha, Neb., announced Monday that it sold most of its interest in the plant to Pratt Biofuels Investors. That's a new company formed by investors in a California ethanol plant, Calgren Renewable Fuels.

Calgren plans to reopen the Pratt plant by spring. The plant, which can produce 55 million gallons of ethanol a year, closed in 2008.

The Wichita Eagle reports (http://bit.ly/VXW8OF) Scoular will continue to procure feedstock and will market and ship the ethanol and distillers grains produced at the plant.

Scoular has eight facilities in Kansas and employs more than 150 people in the state.