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  5. Highwater Ethanol, LLC
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    HEOL   US43123U1051

HIGHWATER ETHANOL, LLC

(HEOL)
SummaryQuotesChartsNewsCompanyFinancials 
Business Summary
Highwater Ethanol, LLC is engaged in the production of ethanol and distillers grains at the plant. The Company manufactures and markets fuel-grade ethanol and the co-products of the ethanol production process. The Company's principal products include fuel-grade ethanol and distillers grains. It is also engaged in extracting corn oil for sale. Its ethanol can be used as an octane enhancer in fuels; an oxygenated fuel additive for the purpose of reducing ozone and carbon monoxide emissions, and a non-petroleum-based gasoline substitute. The Company produces and sells fuel ethanol and co-products of the fuel ethanol production process, in the continental United States, Mexico and Canada. The principal co-product of the ethanol production process is distillers grains, a protein, energy animal feed supplement primarily marketed to the dairy, poultry, swine and beef industries. The Company markets its ethanol through RPMG, Inc. It markets its distillers grains through CHS, Inc.

Number of employees : 43 people.
Sales per Business
20192020Delta
Ethanol75.5477.5%75.1676.8% -0.5%
Dried Distillers Grains14.7015.1%14.1214.4% -3.93%
Modified Distillers Grains3.874%4.164.3% +7.46%
Corn Oil3.133.2%3.813.9% +21.54%
USD in Million
Sales per region
20192020Delta
United States97.2599.8%97.2699.4% +0.01%
USD in Million
Managers
Name Title Age Since
Brian D. Kletscher Chief Executive Officer 58 -
Lucas G. Schneider Chief Financial Officer 38 2012
Rachel Imker Head-Human Resources & Administration - -
David Gerald Moldan Chairman-Governors Member 59 2006
Russell Jon Derickson Independent Member-Governors Board 55 2006
George Michael Goblish Independent Member-Governors Board 50 2006
Ronald Eric Jorgenson Vice Chairman-Governors Board 60 2006
Michael John Landuyt Independent Member-Governors Board 44 2014
David Eis Secretary & Independent Member-Governors Board 51 -
Mark Pankonin Treasurer & Member-Governors Board 51 2017
Members of the board
Name Title Age Since
David Gerald Moldan Chairman-Governors Member 59 2006
Luke T. Spalj Member-Governors Board 55 -
Russell Jon Derickson Independent Member-Governors Board 55 2006
George Michael Goblish Independent Member-Governors Board 50 2006
Ronald Eric Jorgenson Vice Chairman-Governors Board 60 2006
Michael John Landuyt Independent Member-Governors Board 44 2014
David Eis Secretary & Independent Member-Governors Board 51 -
Mark Pankonin Treasurer & Member-Governors Board 51 2017
Gerald Ray Forsythe Director 80 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,785 4,126 86.2% 0 0.0% 86.2%
Shareholders
NameEquities%
Gerald Ray Forsythe 401 8.37%
Indeck Renewable Energy 400 8.35%
Luke T. Spalj 136 2.84%
George Michael Goblish 50 1.04%
Brian D. Kletscher 18 0.38%
Russell Jon Derickson 16 0.33%
Ronald Eric Jorgenson 14 0.29%
David Gerald Moldan 12 0.25%
Mark Pankonin 5 0.10%
Michael John Landuyt 4 0.084%
Company contact information
Highwater Ethanol LLC
24500 US Highway 14
Lamberton, MN 56152-1179

Phone : +1.507.752.6160
Fax : +1.507.752.6162
Web : http://www.highwaterethanol.com