Gerald Forsythe
Director/Board Member at HIGHWATER ETHANOL, LLC
Net worth: 23 M $ as of 2023-12-30
Profile
Gerald Ray Forsythe is the founder of Indeck Energy Services, Inc. in 1985, where he holds the title of Chairman & Chief Executive Officer.
He is also the founder of Forsythe Racing, Inc. Mr. Forsythe's current job(s) include being the Chairman & Chief Executive Officer of Indeck Power Equipment Co. since 1963, Chairman & Chief Executive Officer of Indeck Capital, Inc., Independent Director at Cardinal Ethanol LLC since 2019, Director at Lincolnland Agri-Energy LLC, Director at Cosworth Group Holdings Ltd.
since 2020, Director at Kaapa Ethanol Holdings LLC, Independent Member-Governors Board at Highwater Ethanol LLC since 2021, and Owner of Grand Prix of Long Beach.
Mr. Forsythe's former job(s) include being a Director at Cosworth Ltd.
from 2005 to 2009.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
CARDINAL ETHANOL, LLC
7.22% | 2024-01-31 | 775 ( 7.22% ) | 15 M $ | 2023-12-30 |
HIGHWATER ETHANOL LLC
10.39% | 2024-01-17 | 494 ( 10.39% ) | 8 M $ | 2023-12-30 |
Gerald Forsythe active positions
| Companies | Position | Start |
|---|---|---|
| HIGHWATER ETHANOL, LLC | Director/Board Member | 2021-02-23 |
| CARDINAL ETHANOL, LLC | Director/Board Member | 2019-09-30 |
Indeck Energy Services, Inc.
 Indeck Energy Services, Inc. Electric UtilitiesUtilities Indeck Energy Services, Inc. develops, owns and operates power generation projects. It serves the paper, textile, energy, chemical, manufacturing, food and utility industries. The company was founded in 1985 and is headquartered in Buffalo Grove, IL. | Chief Executive Officer | 1984-12-31 |
Indeck Power Equipment Co.
 Indeck Power Equipment Co. Industrial MachineryProducer Manufacturing Indeck Power Equipment Co. manufactures and distributes boilers, water treatment equipment and control instruments. The firm rents and sells steam-power systems and other industrial components used in the refinery, paper, textile, energy, chemical, manufacturing, municipal, food and utility industries. It also offers water treatment systems, generators, HVAC systems, chillers and auxiliary equipment. The company was founded in 1960 and is headquartered in Wheeling, IL. | Chief Executive Officer | - |
Cosworth Group Holdings Ltd.
 Cosworth Group Holdings Ltd. Information Technology ServicesTechnology Services Part of Racepower Holdings LLC, Cosworth Group Holdings Ltd. is a British company founded in 1958 that offers state-of-the-art solutions for developing and prototyping powertrain, vehicle management, and control solutions. The private company is based in Northampton, UK. Cosworth is innovating sustainable electrification solutions, electronics, and advanced powertrain technology for the future of the industry. The company's off-the-shelf products include the Cat Gen, which produces 35kW electrical power and is applicable to a wide range of applications. The company has also developed the Cosworth Hybrid System for the 2022 BTCC grid, which includes a vehicle control unit, battery management system, electric motor, and cooling system. Additionally, their data acquisition and control software, Diablo, is designed to be flexible and scalable for a wide range of automotive wind tunnel testing applications. | Director/Board Member | 2020-09-30 |
Indeck Capital, Inc.
 Indeck Capital, Inc. Electric UtilitiesUtilities Part of Black Hills Corp., Indeck Capital, Inc. is an electric company. The private company is based in Wheeling, IL. The CEO of the company is Gerald Ray Forsythe. Indeck Capital was acquired by Black Hills Corp. on July 07, 2000 for $35 million. | Chief Executive Officer | - |
| Grand Prix of Long Beach | Corporate Officer/Principal | - |
Lincolnland Agri-Energy LLC
 Lincolnland Agri-Energy LLC Chemicals: SpecialtyProcess Industries Lincolnland Agri-Energy LLC provides bio-fuel production to the agriculture and energy industries sector. It offers renewable energy such as ethanol’s octane enhancer in gasoline and distillers oil for animal feed or as a feedstock to the biodiesel industry. The company was founded in 2004 and is headquartered in Palestine, IL. | Director/Board Member | - |
Kaapa Ethanol Holdings LLC
 Kaapa Ethanol Holdings LLC Engineering & ConstructionIndustrial Services Kaapa Ethanol Holdings LLC constructs ethanol production plants. The private company is based in Minden, NE. | Director/Board Member | - |
Former positions of Gerald Forsythe
| Companies | Position | End |
|---|---|---|
| ░░░░░░░░ ░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
| ░░░░░░░░ ░░░░░░░ ░░░░ | ░░░░░░░ | - |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| CARDINAL ETHANOL, LLC | Process Industries |
| HIGHWATER ETHANOL, LLC | Process Industries |
| Private companies | 9 |
|---|---|
Indeck Power Equipment Co.
Indeck Power Equipment Co. Industrial MachineryProducer Manufacturing Indeck Power Equipment Co. manufactures and distributes boilers, water treatment equipment and control instruments. The firm rents and sells steam-power systems and other industrial components used in the refinery, paper, textile, energy, chemical, manufacturing, municipal, food and utility industries. It also offers water treatment systems, generators, HVAC systems, chillers and auxiliary equipment. The company was founded in 1960 and is headquartered in Wheeling, IL. | Producer Manufacturing |
| Forsythe Racing, Inc. | |
Indeck Energy Services, Inc.
Indeck Energy Services, Inc. Electric UtilitiesUtilities Indeck Energy Services, Inc. develops, owns and operates power generation projects. It serves the paper, textile, energy, chemical, manufacturing, food and utility industries. The company was founded in 1985 and is headquartered in Buffalo Grove, IL. | Utilities |
Indeck Capital, Inc.
Indeck Capital, Inc. Electric UtilitiesUtilities Part of Black Hills Corp., Indeck Capital, Inc. is an electric company. The private company is based in Wheeling, IL. The CEO of the company is Gerald Ray Forsythe. Indeck Capital was acquired by Black Hills Corp. on July 07, 2000 for $35 million. | Utilities |
Lincolnland Agri-Energy LLC
Lincolnland Agri-Energy LLC Chemicals: SpecialtyProcess Industries Lincolnland Agri-Energy LLC provides bio-fuel production to the agriculture and energy industries sector. It offers renewable energy such as ethanol’s octane enhancer in gasoline and distillers oil for animal feed or as a feedstock to the biodiesel industry. The company was founded in 2004 and is headquartered in Palestine, IL. | Process Industries |
Cosworth Group Holdings Ltd.
Cosworth Group Holdings Ltd. Information Technology ServicesTechnology Services Part of Racepower Holdings LLC, Cosworth Group Holdings Ltd. is a British company founded in 1958 that offers state-of-the-art solutions for developing and prototyping powertrain, vehicle management, and control solutions. The private company is based in Northampton, UK. Cosworth is innovating sustainable electrification solutions, electronics, and advanced powertrain technology for the future of the industry. The company's off-the-shelf products include the Cat Gen, which produces 35kW electrical power and is applicable to a wide range of applications. The company has also developed the Cosworth Hybrid System for the 2022 BTCC grid, which includes a vehicle control unit, battery management system, electric motor, and cooling system. Additionally, their data acquisition and control software, Diablo, is designed to be flexible and scalable for a wide range of automotive wind tunnel testing applications. | Technology Services |
Kaapa Ethanol Holdings LLC
Kaapa Ethanol Holdings LLC Engineering & ConstructionIndustrial Services Kaapa Ethanol Holdings LLC constructs ethanol production plants. The private company is based in Minden, NE. | Industrial Services |
| Grand Prix of Long Beach | |
Cosworth Ltd.
 Cosworth Ltd. Auto Parts: OEMProducer Manufacturing Part of Racepower Holdings LLC, Cosworth Ltd. is a British company innovating at the heart of the propulsion industry. The private company is based in Northampton, UK. The company is developing sustainable electrification solutions, electronics, and advanced powertrain technology for the future of the industry. Duckworth. The company was founded in 1958 by Mike Costin, Keith. The CEO is Hal Jon Reisiger. | Producer Manufacturing |
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