0001181749-12-000004.txt : 20120123 0001181749-12-000004.hdr.sgml : 20120123 20120123093210 ACCESSION NUMBER: 0001181749-12-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120120 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120123 DATE AS OF CHANGE: 20120123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Granite Falls Energy, LLC CENTRAL INDEX KEY: 0001181749 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 411997390 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51277 FILM NUMBER: 12538325 BUSINESS ADDRESS: STREET 1: 15045 HIGHWAY 23 S.E. CITY: GRANITE FALLS STATE: MN ZIP: 56241-0216 BUSINESS PHONE: 320-564-3100 MAIL ADDRESS: STREET 1: 15045 HIGHWAY 23 S.E. CITY: GRANITE FALLS STATE: MN ZIP: 56241-0216 FORMER COMPANY: FORMER CONFORMED NAME: GRANITE FALLS COMMUNITY ETHANOL PLANT LLC DATE OF NAME CHANGE: 20020821 8-K 1 a8-krepressreleasexceo.htm 8-K re Press Release - CEO
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 20, 2012

GRANITE FALLS ENERGY, LLC
(Exact name of small business issuer as specified in its charter)
 
Minnesota
000-51277
41-1997390
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
15045 Highway 23 SE, Granite Falls, MN
56241-0216
(Address of principal executive offices)
(Zip Code)
 
(320) 564-3100
(Issuer's telephone number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 7.01 Regulation FD Disclosure
    
On January 20, 2012, the Registrant posted a press release on the Company’s website. The newsletter is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

This Report on Form 8-K is being furnished pursuant to Item 7.01 Regulation FD Disclosure. The information furnished, including exhibits, is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits

(a)
None.

(b)
None.

(c)
None.

(d)
Exhibits

Exhibit No.            Description

99.1            Press Release from Granite Falls Energy, LLC dated January 20, 2012.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
GRANITE FALLS ENERGY, LLC
 
 
Date: January 20, 2012
/s/ Stacie Schuler
 
Stacie Schuler, Chief Financial Officer


EX-99.1 2 pressrelease-ceox01.htm PRESS RELEASE Press Release - CEO - 01
January 20, 2012


Granite Falls Energy, LLC

FOR IMMEDIATE RELEASE

Granite Falls Energy Announces Officer Resignation; Chief Executive Officer Tracey Olson Steps Down to Pursue Opportunity Outside of Ethanol Industry

Granite Falls, MN - Granite Falls Energy, LLC today announced that its Board of Governors has accepted the resignation of Tracey Olson, the company's Chief Executive Officer. Mr. Olson has decided to resign from Granite Falls Energy and to accept the top management position at Karian Peterson Powerline Contracting in Montevideo, MN, a construction company specializing in the construction and installation of electrical utility infrastructure. Mr. Olson will continue to serve as CEO of Granite Falls Energy through mid-February 2012.

Paul Enstad, Chairman of the Granite Falls Energy Board, stated that “Tracey will be missed at Granite Falls Energy. We very much appreciate his leadership, industry expertise and dedication to our employees and investors. Tracey has agreed to work with our board of governors and employees to ensure a smooth transition while we identify and appoint a successor.” The Board of Governors has established an executive search committee to identify and interview possible successors.

Mr. Enstad explained that the Board of Governors has initiated a formal recruitment effort and is also considering the possibility of appointing an interim chief executive officer to serve at Granite Falls Energy while the formal recruitment effort is underway. Mr. Enstad went on to state, “Granite Falls Energy is a great company with great employees and we will continue that tradition by carefully identifying Tracey's successor in the coming months. We appreciate Tracey's years of service and wish him the best.”

About Granite Falls Energy, LLC:
Since November 2005 Granite Falls Energy has been producing fuel-grade ethanol and distillers grains at its facility in Southwest Minnesota. The ethanol plant is permitted to produce up to 70 million gallons of ethanol annually, but is currently operating at a rate of approximately 60 million gallons per year. Granite Falls Energy currently has 37 full time employees and its revenues for the fiscal year ended October 31, 2011 were in excess of $156,000,000. Granite Falls Energy prides itself on providing safe and steady jobs, quality products and consistent returns to its owners.

For more information please contact our office by phone at 1-320-564-3100 or visit our website at www.granitefallsenergy.com.