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life in rural nebraska

GPRE posts strong financials

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Green Plains Renewable Energy, the Omaha-based company that owns our local ethanol plant, shares some great news this morning:

During 2009 and more recently, we have continued to see demand for ethanol increase driven by expanded mandates and positive blend margins. This combined with a record corn harvest resulted in an improved margin environment in late 2009 and early 2010.

Our business model has been tested through one of the most challenging environments the ethanol industry has seen and continues to prove itself  As a result, we were able to reach profitability for the full year. We believe our industry, and more importantly, our company is on solid footing for the coming years,” said Becker..

More great news for our community, and I’m especially happy to see the gains for such a great corporate partner.  Kudos!

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Written by Caleb

February 22, 2010 at 2:11 pm

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