| Business Summary | | High
Plains
Corporation
is
engaged
in
the
production
and
sale
of
fuel
grade
and
industrial
grade
ethanol.
Fuel
grade
ethanol
is
the
Company's
primary
product,
while
industrial
grade
ethanol
represents
a
recent
diversification.
Fuel
grade
ethanol
is
sold
for
blending
with
gasoline
as
a
motor
fuel.
In
addition,
the
Company
sells
distiller's
grains,
both
wet
and
dry,
other
solubles,
and
carbon
dioxide.
The
primary
by-product
of
ethanol
production
is
distiller's
grains. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | High
Plains
is
engaged
in
the
production
and
sale
of
fuel
grade
and
industrial
grade
ethonal.
HIPC
also
sells
distiller's
grains
and
other
solubles.
For
the
nine
months
ended
3/31/01,
revenues
rose
39%
to
$105.4
million.
Net
income
totaled
$4.9
million,
up
from
$1.4
million.
Revenues
reflect
increased
production
and
higher
industrial/beverage
grade
sales
volumes
and
prices.
Net
income
also
reflects
lower
cost
of
goods
sold
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
45,019;
after
tax
earnings
were
1,275. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Donald Schroeder, 59 Chairman | -- | -- | Gary Smith, 57 Pres,
CEO | $437K | $12K | Timothy Newkirk, 32 VP-Operations | -- | -- | Christopher Standlee, 46 VP,
Gen. Counsel, Sec. | 184K | -- | David Dykstra, 37 VP
of Sales and Marketing | -- | -- | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|