Granite Falls Energy LLC

GFGY · OTC

$5,680.00+$64.00 (+1.14%)TodayMarket closed ·
No price history for this range.

About GFGY

Granite Falls Energy LLC engages in the business of constructing, owning, and operating a fuel-grade ethanol plant. Additionally, it has 100% ownership in Heron Lake BioEnergy, LLC (HLBE). HLBE is engaged in producing fuel-grade ethanol, distillers’ grains, and crude corn oil near Heron Lake, Minnesota and sells these products, pursuant to marketing agreements, throughout the continental United States. Additionally, HLBE, through a wholly owned subsidiary, operates a natural gas pipeline that provides natural gas to HLBE’s ethanol production facility and other customers. The company sells distillers grains 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. The company distributes its products through third party marketers.

Employees
82
Headquarters
Granite Falls, Minnesota
Listed
May 5, 2010
Sector
Energy
Industry
Oil, Gas & Consumable Fuels

Leadership

Granite Falls Energy LLC executives
NameTitleSince
Paul Enstad—2018
Jeffrey Oestmann——
Rodney Wilkison——
Stacie Schuler——
Eric Baukol——
Cory Heinrich——
Dean Buesing—2009
Leslie Bergquist——
David Forkrud——
Kenton Johnson——
Sherry Larson——
Bruce Lavigne——
Robin Spaude—2005

Revenue by product and region

Fiscal year ended Oct 31, 2021: $309.62M total revenue

By product

  • Represents information pertaining to ethanol product of the entity.$240.87M77.8%
  • Represents information pertaining to distillers' grains product of the entity.$49.19M15.9%
  • Information pertaining to distillers corn oil product of the entity.$17.15M5.5%

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