Company Lake Area Corn Processors, LLC

Equities

LKCRU

US5074641052

Commodity Chemicals

Market Closed - OTC Markets 17:19:06 17/04/2024 BST 5-day change 1st Jan Change
6.08 USD +43.06% Intraday chart for Lake Area Corn Processors, LLC -.--% +43.06%

Business Summary

Lake Area Corn Processors, LLC owns and manages an ethanol plant that has a nameplate production capacity of 100 million gallons of ethanol per year through its wholly owned subsidiary Dakota Ethanol, L.L.C. The Company’s segments include Production and Ethanol Producing Equity Method Investments. The Production segment includes the manufacture and marketing of fuel-grade ethanol and co-products of the ethanol production process. The Ethanol Producing Equity Method Investments segment consists of the aggregation of the Company's two equity method operating segments of investment in Guardian Hankinson, LLC, and investment in Ring-neck Energy & Feed, LLC. Fuel grade ethanol is its primary product. The Company also sells distillers grains and corn oil, the principal co-products of the ethanol production process. The ethanol plant produces at a rates more than 98 million gallons of ethanol per year.

Number of employees: 47

Sales per Business

USD in Million2022Weight2023Weight Delta
Reconciliation
-218.6 %
-740 -261.8 % -613 -218.6 % -17.13%
Ethanol Producing Equity Method Investments
213.3 %
722 255.5 % 598 213.3 % -17.17%
Production
100.0 %
283 100.0 % 280 100.0 % -0.75%
All Other
5.3 %
18 6.2 % 15 5.3 % -15.64%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
283 100.0 % 280 100.0 % -0.75%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 31/07/07
Director of Finance/CFO 53 31/07/07
Director/Board Member 65 31/12/05
Director/Board Member 61 31/12/09
Corporate Officer/Principal 53 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 31/12/06
Director/Board Member 61 31/12/09
Director/Board Member 72 07/04/14
Director/Board Member 72 24/05/99
Director/Board Member 65 31/12/05
Chairman 58 24/05/99
Director/Board Member 49 07/04/14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 29,620,000 0 0 47.68 %
Stock B 1 29,620,000 28,243,250 ( 95.35 %) 0

Shareholders

NameEquities%Valuation
Todd Brown
1.425 %
422,000 1.425 % 1 M $
338,250 1.142 % 845 625 $
175,000 0.5908 % 437 500 $
Dave Wolles
0.4727 %
140,000 0.4727 % 350 000 $
92,000 0.3106 % 230 000 $
Scott Mundt
0.3038 %
90,000 0.3038 % 225 000 $
80,000 0.2701 % 200 000 $
28,500 0.0962 % 71 250 $
6,000 0.0203 % 15 000 $

Company contact information

Lake Area Corn Processors LLC

46269 South Dakota Highway 34

57075-6934, Wentworth

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http://www.dakotaethanol.com/index.cfm?show=10&mid=5
address Lake Area Corn Processors, LLC(LKCRU)
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