Highwater Ethanol, LLC Overview
Pro stress-test →Highwater Ethanol, LLC was formed as a Minnesota limited liability company on May 2, 2006, for the purpose of developing a project to build and operate a 50 million gallon dry mill corn-processing ethanol plant expected to be located in Redwood County, Minnesota near Lamberton. The company started operations in August 2009 and produces approximately 57-59.5 million gallons of denatured ethanol per year. The facility leverages regional corn supplies to generate fuel ethanol and high-value co-products.
Strategic Profile
Pro stress-test →The plant currently operates in excess of its nameplate capacity due to the approval of an air permit by the Minnesota Pollution Control Agency which allows for 70.2 million gallons of denatured ethanol per 12-month rolling average. Ethanol is produced from corn and other grains and used as an octane enhancer and oxygenated fuel additive, while co-products include distillers grains used as animal feed and corn oil used for biodiesel feedstock. The company demonstrates financial resilience through renewable fuel tax credits and operational efficiency gains.
Competitive Landscape
Pro stress-test →Highwater competes within the regional U.S. ethanol production market alongside larger consolidated producers and independent dry mill facilities. The industry benefits from renewable fuel mandates (RIN pricing), commodity margins (crush spreads), and emerging clean fuel tax credits. Key advantages for Highwater include low-cost regional corn sourcing, excess capacity operation, and improved margins through operational efficiency and favorable commodity dynamics.
Industry Context
Highwater Ethanol, LLC operates in Corn ethanol production.
Key facts
Founded: 2006 · Headquarters: Lamberton, Minnesota · Employees: 11-50 · Revenue: $34.4M (Q3 2026, quarterly)