Granite Falls Energy LLC engages in the business of constructing, owning, and operating a fuel-grade ethanol plant. The company is headquartered in Granite Falls, Minnesota and currently employs 42 full-time employees. The company went IPO on 2010-05-05. The principal products from ethanol production at Company's plant and its subsidiary, Heron Lake BioEnergy, LLC (HLBEs) plant are fuel-grade ethanol, distiller grains, and non-edible corn oil. In addition, HLBE's plant also includes corn syrup and natural gas pipeline operations. The company also extracts non-edible crude corn oil. The company sells distillers grains (DDGS) as animal feed for beef and dairy cattle, poultry, and hogs. Its corn oil is primarily sold to diesel manufacturers and, to a lesser extent, feed lot and poultry markets. Its ethanol production operations are carried out at its ethanol plant located in Granite Falls, Minnesota, and at the ethanol plant operated by HLBE located near Heron Lake, Minnesota. The company distributes its products through third party marketers.
Industry: Industrial Organic Chemicals Peers: Alto Ingredients Inc ADAMS RESOURCES & ENERGY, INC. Aemetis Inc HIGHWATER ETHANOL LLC LAKE AREA CORN PROCESSORS LLC Marathon Petroleum Corp Stratos Renewables Corp
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