December |
|
October |
- Selected "zero discharge" option for ethanol plant water discharge.
- Conducted archeological study of plant site and utility corridors.
|
September |
- Filed SB-2 with US Securities Exchange Commission.
- Filed environmental permits with Minnesota Pollution Control Agency.
- Signed "Lump Sum Design Build Contract" with Fagen, Inc.
- Obtained option on three adjacent parcels of land in Redwood County, Minnesota.
|
August |
- Purchased option for 57 acres along US Hwy 14 & DM&E railroad.
- Purchased option on 7 acres from City of Lamberton's EDA park along DM&E railroad.
|
July |
- Signed grain procurement contract with Meadowland Farmers Elevator of Lamberton, MN.
|
June |
- Signed "letter of intent" with Fagen, Inc. of Granite Falls, MN to build 50 mgy ethanol facility.
- Seed stock investors raised $1,180,000 for start up development costs.
- Purchased option on 68 acres of land along US Hwy 14 and DM&E railroad.
|
May |
- Selected name and organized Highwater Ethanol, LLC.
- Founders invested of $500,000 of equity.
- Selected Fagen Inc/ICM, Inc. as design-build contractor.
|
April |
- Interviewed 3 design-build construction companies.
|
March |
- Drilled high capacity well at Site 1.
|
February |
- Selected board of governors and officers.
|
January |
- First organizational meeting.
|
