Lake Area Corn Processors, LLC · Wentworth, SD United States
Company Description
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This link will open in a new window Lake Area Corn Processors produces ethanol and its byproduct, distillers grains, which are used in livestock feed. Through its Dakota Ethanol unit, the company produces about 50 million gallons of ethanol per year. Dakota Ethanol had worked in tandem with Broin Companies, a manufacturer of ethanol processing plants, until Lake Area Corn Processors bought out Broin's minority stake in Dakota Ethanol in 2006. The following year, the company acquired a stake in its ethanol distributor, Renewable Products Marketing Group. Lake Area Corn Processors is owned by its 1,000 members. To read the full description, subscribe now.
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Key Lake Area Corn Processors, LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $103.7 |
| 2007 Employees | 39 |
Lake Area Corn Processors, LLC Executives
10 executives listed for Lake Area Corn Processors, LLC's Wentworth, SD location.
| Title | Name & Bio | Contact |
| Chairman | Ronald Alverson | Network |
| Vice Chairman | Dale Thompson | Network |
| CEO; General Manager, Dakota Ethanol | Scott Mundt | Network |
Competition
Competitive Landscape for Lake Area Corn Processors, LLC
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top Lake Area Corn Processors, LLC Competitors
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