In Tennessee, Harvestone Group announced another ethanol production facility making the transition to its marketing, logistics and trading platform. CORN LP, a 75-million-gallon ethanol plant in Goldfield, IA transitioned onto the Harvestone platform as of January 1. The Group also transitioned DENCO II, a 36-million-gallon ethanol plant located in Morris, MN in July of 2019.
These facilities are exclusively marketed through the Harvestone platform under five-year agreements and represent another volumetric milestone for the company. Harvestone continues building on a solid foundation and unique business model; paving the way for future growth with several more plant transitions and expansion throughout the supply chain over the next several months.