Glacial Lakes Energy, LLC

Glacial Lakes Energy, LLC

Oil and Gas

Watertown, South Dakota 466 followers

Creating Value For Our Stakeholders and Protecting the Environment

About us

Glacial Lakes Corn Processors (GLCP), was formed in May 2001 as a South Dakota Cooperative comprised of over 4,000 shareholders. GLCP owns 100% of four ethanol production plants. Glacial Lakes Energy - Watertown, an original 40 million gallons per year (mgy) nameplate ethanol production facility, became operational in August 2002. In 2007, the facility was expanded and currently produces 130+ mgy of ethanol per year. Glacial Lakes Energy - Mina became operational in June 2008 as a 140+ mgy ethanol production facility located near Mina, SD. In December 2019, Glacial Lakes Energy purchased two additional ethanol production facilities located in Aberdeen and Huron, SD. The Aberdeen plant, currently produces about 50.0 million gallons per year. The Huron plant currently produces about 40.0 million gallons per year. GLE holds an interest of 16% in Granite Falls Energy with combined production of 120 mgy near Granite Falls, MN and Heron Lake, MN, an interest of 8% in Redfield Energy with production of 60 mgy near Redfield, SD, and an interest of 17% in Harvestone Commodities Group, a global ethanol marketing and trading firm. Glacial Lakes Energy believes in the principles of servant leadership, which is, helping and supporting each other to build a profitable business. This guiding philosophy requires us to exhibit the following behaviors every hour of every day: Integrity — The quality of having a personal sense of honesty and truthfulness in your words and your actions. Doing what is right, no matter what. Professionalism —The skill, competence, or character expected of a GLE team member. The manner in which you present yourself and GLE. Accountability — An obligation or willingness to accept responsibility for your actions; good or bad. Respect — Treating others as you want them to treat you. Teamwork — Putting aside your individual needs to work towards the larger group objective. We are all on the same team.

Industry
Oil and Gas
Company size
201-500 employees
Headquarters
Watertown, South Dakota
Type
Partnership

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