Granite Falls Energy, LLC is engaged in the production and sale of ethanol and its co-products, including wet, modified wet and dried distiller's grains, corn oil and corn syrup, locally, and throughout the continental United States. The Company's principal products include fuel-grade ethanol, distiller's grains, and non-edible corn oil. Its ethanol production operations are carried out at its ethanol plant located in Granite Falls, Minnesota and at the ethanol plant operated by Heron Lake BioEnergy, LLC (HLBE) located near Heron Lake, Minnesota. The principal purchasers of ethanol are generally wholesale gasoline distributors or blenders. The Company sells distiller's grains as animal feed for beef and dairy cattle, poultry and hogs. It sells corn oil to diesel manufacturers, feed lot and poultry markets. Project Viking, L.L.C. and Heron Lake BioEnergy, LLC are its subsidiaries.
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