A group of farmer-owned ethanol plants in Minnesota, Iowa and Nebraska have teamed up become the guardians of a former VeraSun facility in Janesville, Minn.
Guardian Energy is a joint venture between ethanol plants in Little Falls, Benson, Claremont, and Winthrop, Minnesota as well as Mason City, Iowa and Minden, Nebraska that last week closed on the purchase of the 100 million gallon per year ethanol plant in Janesville.
“Drawing on the experience of its member plants, Guardian Energy is rapidly working to bring the facility on line this fall,” said interim CEO and Board President Randall Doyal. “We are actively recruiting and interviewing candidates from across the region to fill more than 45 new jobs. We will work closely with local farmers to create a new, value-added market for their corn, as well as with other local suppliers who are already at work completing the plant, putting the finishing touches on the plant site, and bringing in supplies necessary to operate the facility.” Doyal also serves as CEO of Al-Corn Clean Fuel.
Guardian Energy LLC is the cooperative effort six midwestern farmer owned ethanol plants which have a philosophy that the economic benefits of producing ethanol should stay in the local communities and that has been key to the success of each of the member plants involved in Guardian Energy. Guardian Energy negotiated with the banks holding the Janesville facility, and their negotiations led to the successful close and transfer of ownership to Guardian Energy on September 23.
The six facilities comprising Guardian Energy are Al-Corn Clean Fuel, Central Minnesota Ethanol, Chippewa Valley Ethanol Company, Golden Grain Energy, Heartland Corn Products, and KAPPA Ethanol.