Glacial Lakes Energy LLC

Ethanol producer co-op

"Trust from our shareholders—they invested in our plant when ethanol wasn't really heard of."

"Maximizing profit while providing returns and dividends to our members"

"Employees are key; research and knowledge are key; strategize and network."

"A 9 to 1 stock split and an over 100 percent return on investment in 3 years"

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Company Details

Location: Watertown, SD
Founders: Glacial Lakes Corn Processors

Website: www.glaciallakesenergy.com

Year Started: June 2001

Initial Investment: $21.6M

Turned a Profit: 2002

First Million: 2003

2002 Sales: $18M

2006 Sales: $103M

Number of Employees:

Day 1: 32

2006: 44

2007: 50*

* Projected by 2008

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