Inactive Instrument

Company Granite Falls Energy, LLC Other OTC

Equities

GFGY

US3873661074

Renewable Fuels

Business Summary

Granite Falls Energy, LLC is engaged in the production and sale of ethanol and its co-products (wet, modified wet and dried distiller's grains, corn oil and corn syrup) locally and throughout the continental United States. The principal products from ethanol production at the 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. It also extracts non-edible crude corn oil. It 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. It distributes its products through third party marketers.

Sales per Business

USD in Million2020Weight2021Weight Delta
Ethanol
77.8 %
127 76.8 % 241 77.8 % +90.26%
Distillers' Grains
15.9 %
30 18.0 % 49 15.9 % +65.76%
Corn Oil
5.5 %
7 4.0 % 17 5.5 % +160.19%
Other
0.4 %
1 0.4 % 1 0.4 % +80.14%
Natural Gas Pipelines
0.4 %
1 0.9 % 1 0.4 % -15.78%

Sales per region

USD in Million2020Weight2021Weight Delta
United States
100.0 %
165 100.0 % 310 100.0 % +87.70%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO 51 05-06-30
Director/Board Member 73 05-06-30
Director/Board Member 71 08-12-31
Director/Board Member 69 06-11-30
Investor Relations Contact - 19-08-31
Human Resources Officer - -
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 10-05-31

Members of the board

Members of the board TitleAgeSince
Chairman 64 00-12-28
Director/Board Member 69 06-11-30
Director/Board Member 71 08-12-31
Director/Board Member 73 05-06-30
Director/Board Member 35 13-03-31
Director/Board Member 63 12-12-31
Director/Board Member 47 16-02-29
Director/Board Member 72 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 30,606 20,029 ( 65.44 %) 0 65.44 %

Company contact information

Granite Falls Energy LLC

15045 Highway 23 SE

56241-0216, Granite Falls

+320 564 3100

http://www.granitefallsenergy.com
address Granite Falls Energy, LLC(GFGY)
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