Highwater Ethanol LLC (HEOL) Financier

Highwater Ethanol LLC engages in the production and sale of fuel ethanol and the co-products of the fuel ethanol production process. The company is headquartered in Lamberton, Minnesota and currently employs 43 full-time employees. The company went IPO on 2010-05-05. The firm operates through one segment, which is the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process segment. The firm's products include Ethanol, Distillers Grains, and Corn Oil. Its primary product is ethanol, which is manufactured from corn. The principal co-product of the ethanol production process is distillers grains, a high protein, high-energy animal feed supplement primarily marketed to the dairy, poultry, swine and beef industries. The corn oil that the Company produces is not food grade corn oil and therefore cannot be used for human consumption. Its corn oil can be used as the feedstock to produce biodiesel, as a feed ingredient and has other industrial uses. The firm also uses natural gas to dry its distillers grains products to moisture contents at which they can be stored for longer periods.