Green Plains Inc.
Headquartered in Omaha, Green Plains Inc. (Nasdaq: GPRE) is a diversified company with 850 employees spread across its business operations including ethanol production, corn oil production, grain handling and storage, cattle feedlot operations and commodity marketing and distribution services.
The company operates 12 ethanol plants including four in Nebraska: Atkinson, Central City, Ord and Wood River.
Green Plains considers Nebraska, as the third largest corn-producing state, to be a great location for the ethanol industry. The company’s four plants combined buy approximately 115 million bushels of corn from local farmers and it sells the 1 million tons of livestock feed produced to local cattle feeders.
Ethanol’s impact on the state is significant. Not only does the industry supply fuel and food for livestock, the state’s 24 ethanol plants have created about 1,300 well-paying jobs.
A 2004 startup, Green Plains was named Fortune’s 8th fastest growing company in 2011. Net income in 2014 was $159.5 million, compared to $43.4 million in 2013. 2014 revenues reached $3.2 billion.
Aside from supporting the Renewable Fuel Standard, the company encourages Bio Nebraska and all Nebraskans to learn more about the impact ethanol has on the state and, in particular, to request higher ethanol blends at the pump.
The EPA has approved E15 (a blend of 15 percent ethanol) for use in cars 2001 and newer, and, according to the company, a move to higher blends like E15 would create additional savings to consumers and an economic benefit for the state.
National Bioeconomy Blueprint
2014 Bioscience Industry