Granite Falls Energy, LLC (GFGY)

3,400.00 0.00 (0.00%) At close: 04:22PM EDT

Granite Falls Energy, LLC

15045 Highway 23 SE
Granite Falls, MN 56241-0216
United States
320 564 3100
https://www.granitefallsenergy.com

Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full-time employees: 82

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Stacie Schuler	Chief Financial Officer	264.7k	N/A	1973
Mr. Dean J. Buesing	Secretary & Governor	35.75k	N/A	1953
Michael Green	Chief Executive Officer	N/A	N/A	N/A
Manuel Natal	Chief Technology Officer	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Granite Falls Energy, LLC, together with its subsidiaries, engages in the production and sale of ethanol and its co-products in the continental United States. The company offers wet, modified wet and dried distillers' grains, corn oil, and corn syrup. Its ethanol is a fuel component for the wholesale gasoline distributors or blenders, which is produced from corn and various other grains for use as an octane enhancer in fuels; an oxygenated fuel additive for reducing ozone and carbon monoxide vehicle emissions; a non-petroleum-based gasoline substitute; and a renewable fuel to displace consumption of imported oil. The company also provides distillers grains, a co-product of the ethanol production process that is used as an animal feed ingredient in the beef and dairy industries; corn oil, which is used primarily as a biodiesel feedstock and as a supplement for animal feed; and corn syrup, a by-product of the ethanol production process. In addition, it operates 190 miles of natural gas pipeline. The company markets and distributes its ethanol and distillers' grains through its third-party marketers; and sells corn oil to diesel manufacturers. In addition, it exports its products. Granite Falls Energy, LLC was incorporated in 2000 and is headquartered in Granite Falls, Minnesota.

Corporate governance

Granite Falls Energy, LLC’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.