0001181749-13-000030.txt : 20130925 0001181749-13-000030.hdr.sgml : 20130925 20130925121034 ACCESSION NUMBER: 0001181749-13-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130919 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20130925 DATE AS OF CHANGE: 20130925 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: 131113842 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-kreamendment3toethanolm.htm 8-K 8-K re Amendment 3 to Ethanol Marketing Agreement


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): September 19, 2013

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 1.01 Entry into a Material Definitive Agreement

On September 19, 2013, Granite Falls Energy, LLC (the “Company”) finalized Amendment No. 3 (the "Amendment") to its Ethanol Marketing Agreement (the "Marketing Agreement") with Eco-Energy, LLC ("Eco-Energy"). The Amendment, which is dated September 17, 2013, provides for an extension of the term of the Marketing Agreement through December 31, 2016, with automatic renewals for additional consecutive terms of three years unless either party provides written notice to the other at least three months prior to the end of the term or the renewal term. Under the Marketing Agreement, as amended by the Amendment, Eco-Energy will continue to purchase the entire ethanol output of the Company's Granite Falls, Minnesota ethanol production plant. The Amendment also provides for certain negotiated changes to the marketing fees payable to Eco-Energy and payment terms under the Marketing Agreement, effective as of November 1, 2013, as well as changes to the product transportation services to be provided by Eco-Energy.

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: September 25, 2013
/s/ Steve Christensen
 
Steve Christensen, Chief Executive Officer