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…
Glacial Lakes Energy is proud to be part of the communities we reside in.