Lake Area Corn Processors LLC

LKCRU · OTC

$7.26−$0.74 (−9.25%)TodayMarket closed ·
No price history for this range.

About LKCRU

Lake Area Corn Processors LLC engages in the ownership and management of ethanol plants. The company is headquartered in Wentworth, South Dakota and currently employs 47 full-time employees. The company went IPO on 2016-05-04. The Company’s segments include Production and Ethanol Producing Equity Method Investments. The Production segment includes the manufacture and marketing of fuel-grade ethanol and co-products of the ethanol production process. The Ethanol Producing Equity Method Investments segment consists of the aggregation of the Company's two equity method operating segments of investment in Guardian Hankinson, LLC, and investment in Ring-neck Energy & Feed, LLC. Fuel grade ethanol is its primary product. The firm also sells distillers grains and corn oil, the principal co-products of the ethanol production process. The ethanol plant produces at a rates more than 98 million gallons of ethanol per year.

Employees
47
Headquarters
Wentworth, South Dakota
Listed
May 4, 2016
Sector
Energy
Industry
Oil, Gas & Consumable Fuels

Leadership

Lake Area Corn Processors LLC executives
NameTitleSince
Todd Brown——
Scott Mundt——
Rick Kasperson—2007
Robbi Buchholtz——
Dave Wolles—2010
Paul Geraets——
Randy Hansen—2006
Ronald Alverson—1999
Wayne Backus——
Marty Thompson——

Revenue by product and region

Fiscal year ended Dec 31, 2022: $282.56M total revenue

By product

  • Combined Segment$1.02B361.8%
  • Ethanol Producing Equity Method Investments$722.09M255.5%
  • Production$282.56M100.0%
  • Other Equity Method Investments$17.55M6.2%

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