Green Plains, Inc. Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Green Plains, Inc. |
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Year of Incorporation |
2004 |
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Industry |
Ethanol producer |
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Geographical Presence |
US |
Introduction: Green Plains, Inc. is an American national company that engages in the production of fuel-grade ethanol and corn oil, with special focus on the production of high protein feed ingredients. It also provides storage commodity marketing and distribution services.
Segments:
The company organizes its business into the following segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership.
Ethanol Production is the major revenue generating division for the company, which generated 1,690 million USD in the year 2019.
In light of the ethanol industry’s environment, Green Plains is focused on continued improvement of its low-cost ethanol production platform and driving costs out wherever possible. Owning grain storage at or near the company’s ethanol plants allows it to develop relationships with local producers and originate corn more effectively at a lower average cost.
The company uses the performance data to develop strategies that can be applied across the platform and embrace technological advances to improve operational efficiencies and yields, such as Selective Milling Technology™ and Enogen® corn enzyme technology, to lower the processing cost per gallon and increase production volumes.
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CURRENT DATA |
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Company Revenue (2019) |
2,415.14 million USD |
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Net Income (2019) |
-166.86 million USD |
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CEO and President of the Board |
Todd Becker |
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Number of Employees (2019) |
820 |
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Corporate Address |
1811 Aksarben Drive, Omaha, Nebraska, 68106, United States |
Strategies:
Green Plains is executing on the Project 24 initiative at its non-ICM plants to reduce energy consumption and increase operational reliability at these plants, reducing the operating expense per gallon.
The company strategically aims to develop its business operations through acquisitions and joint ventures. On September 1, 2019, Green plains formed a joint venture with TGAM Agribusiness Fund Holdings-B LP (“TGAM”) and StepStone Atlantic Fund, L.P. (“StepStone”) at which time the parties entered into the Second Amended and Restated Limited Liability Company Agreement (“LLC Agreement”) of GPCC.
The company was founded in June 2004 and is headquartered in Omaha, United States.
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CONTACT INFORMATION |
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Phone Number |
1 402 884 8700 |
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Fax Number |
1 402 884 8776 |
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Website |
gpreinc.com |