Carbon Pipeline Information
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E30 Information
Fuel Locations, Test Results, and more
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Gov. Ricketts Announces EPA Approval of State’s Expanded E30 Demonstration Project
>> Click Here for Details <<
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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.
GLE has returned almost $240 million dollars in dividends to our Shareholders since inception.
GLE is governed by a Board of Directors who are elected by shareholders from the districts they reside in.
Combined, Glacial Lakes Energy…
- Purchases 127+ million bushels of corn per year
- Produces 366+ million gallons of renewable ethanol per year
- Produces 1.1 million tons of feed products/distillers grains per year
- Produces 61,000 tons of corn oil
Glacial Lakes Energy is proud to be part of the communities we reside in.
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DIVIDEND DECLARED!
The Glacial Lakes Corn Processors Board of Directors recently declared a $0.2669 per share patronage cash dividend, payable to the shareholder of record as of 08/31/24. The dividend will be paid in January 2025.
A Non-Qualified Written Notice of Allocation (NQWNA) was also declared in the amount of $0.29 per share to be paid at the discretion of the Board of Directors. The payment date has not been determined. The NQWNA payment will be paid to the shareholder of record the day it is paid.
Additionally, an IC-DISC dividend was also declared in the amount of $0.01456 per share, payable to the shareholder of record as of 08/31/24. The dividend will be paid in February 2025.
GLCP has returned more than $472.5 MILLION DOLLARS in dividends to its shareholders!
If you would like to become a shareholder, please visit AgStockTrade.com and click on "Glacial Lakes Corn Processors".
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Board of Directors Election Results
The following individuals were elected to a three-year term to the GLCP/GLE Board of Directors.
- District 2 – Noel Pond
- District 3 – Mark Schmidt
- District 3 – Richard Wiarda
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Please Contact Us to set-up your account:
Email: mygrower@glaciallakesenergy.com
Watertown Merchandiser: 605-882-8916 or 1-866-788-5907
Mina Merchandiser: 605-377-1668 or 1-866-934-2676
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GLE’s Values
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.
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Tell us how we are doing!
Call the Customer Service Hotline: 1-866-934-2419
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