The 2015 Annual Meeting of Members is scheduled for Thursday, April 23, 2015 at 2 p.m. at the Willow Creek Golf Course in Le Mars, IA (We will be serving hamburgers and brats between 1 p.m. - 2 p.m.)
The agenda for the annual meeting includes a company update from management, discussion on the status of the ethanol plant, insights into the future of the ethanol industry, and an election for membership of The Board. There is one Board position to be filled, and there are three nominees (Gary P. Vander Plaats, CPA, Lane Tabke, and John Becker). Please RSVP your plans to attend by Friday, April 17th, to Chris Wilhelm at 712-938-2373 or firstname.lastname@example.org. Don't forget to send or bring your signed and dated ballot to the meeting or you will be deemed to have withheld voting.
BOARD CANDIDATE BIOs
Gary P. Vander Plaats: Although my duties at Geneva will not permit me to attend all Board meetings in person, I reasonably expect to attend 1/2 of them in person, while great effort would be made to attend the others via Skype or videoconferencing. Of all skill sets necessary for a business to function properly, the skill set I offer is perhaps the easiest one to offer long distance. Establishing, building and monitoring bank relationships, communicating with (and understanding!) the CPAs, financial analysis and expertise, understanding performance measures, goal setting and performance evaluation, all of these can be done at a distance. It is important to note that I speak the same language as bankers and CPAs. Over the years, I have invested in nine different ethanol plants and have seen both financial success and disaster. As you probably know, the variation in profitability of ethanol plants is remarkable. Some ethanol plants have "figured it out", while others seem to be treading water at best. One advantage of investing in so many ethanol plants is that you see what works and what doesn't. In addition, my wife and I have several rental properties in Sioux County and these are all managed long distance. While it would be preferable to manage locally, it can be done at a distance. Long distance management looks a little different, and it requires a different approach, but it can be done nonetheless. Somebody else has to be the eyes and ears on the ground in that part of the world, and you have to learn to ask different questions, but it can be done. Although I have degrees in accounting and finance, for the most part, business does not rightly care about degrees. Business cares about results and performance measures. Importantly, in both my eyes and that of the business world, I am a Certified Public Accountant, a Certified Management Accountant, and a Certified Cash Manager. As I tell my students, I might be working as a professor, but I am first and foremost a businessman. I would really like the opportunity to represent you on the Board of Plymouth Energy, LLC.
Lane Tabke: I have been farming since 1977 on the farm we bought then and still live on today, just southeast of Moville, IA. Along with my wife Kathy of 42 years, we own 1,150 acres and rent another 500 acres. We also own and feed out about 10,000 hogs a year on our home place. Our daughter Brianne and son-in-law Grant, have two daughters; Brianne is a grain merchandiser and sells DDG's for Flint Hills Ethanol in Arthur, and Grant farms with us. We have two other children. Our son Brad and wife Katy, have two daughters, and live in Shakopee, MN. He consults for corporations around the Twin Cities area on landscape planning and maintenance and is also Mayor of that town. Our daughter Jennifer and husband T.J., have two sons and live east of Fort Dodge and works for Iowa State University Conference Services. I have been an elected member of Woodbury County Extension for eight years and am currently chairman for six years, of the nine-member board. At the end of my current elected time, I will have served twelve years on this board. We have seven county paid staff and eight Iowa State University paid staff that we are responsible for. It has been an enjoyable experience. We are currently in the process of building a new office building to better serve the residents of Woodbury County. This has been a two-year project in the making, getting financing, finding land to build on, finding an architect and getting bids. We are set to break ground in April of this year. After my term is up on this board, I am going to let someone else take over. I saw in our dividend check letter you were looking for some investor members to run for the board of Plymouth Energy. I think it is good to have turnover on boards to get new ideas and new insight. I have been an investor in this plant since the startup. I sell corn here and also buy DDG's. I think I have a lot to bring to this Board as far as managing financial matters, managing people, and using good old common sense. I think it would be a new and exciting challenge.
John Becker: I am currently chairman of the board and I would be honored to be re-elected to the board of directors. 1. Co-founder of Plymouth Energy and board member since its inception 2. Currently Board Chairman 3. Manager of the Craig Cooperative for 37 years where growth was seen every year along with a profit locally each year 4. Co-founder of Cooperative Credit Company and served as Vice-Chairman of the Board, until I stepped down to join the Plymouth Energy Board 5. Active at a local church serving on Board as Treasurer and President 6. Active in the community for 12 years as a little league coach
Receiving & Loading Hours
Grain Receiving Hours Friday, April 17: 7:00 to 3:00, Yellow & enogen Week of April 20 to 24 Yellow corn Monday; 7:00 to 3:00 Tuesday; 7:00 to 3:00 Wednesday; 7:00 to 3:00 Thursday; ????? Friday; ????? Enogen Corn Monday thru Friday; 7:00 to 3:00 Reminder: ALL CORN MUST BE BELOW 18% MOISTURE Hours are subject to change! Call Henry Mayland: 712-938-2210 Dan Nelson; 605-670-0534
DISTILLERS LOADING HOURS DRY DDGs: 7:00 a.m. to 4:00 p.m. Monday through Friday Wet Cake: 7:00 a.m. to 5:00 p.m. Monday through Friday Saturdays 7:00 a.m. to Noon Syrup: 24 hours, 7 days a week Changes will be posted in the Scale House.
Co Products Contact Brian Hermelbracht (712) 938-2373 ext. 220 Cell: (308) 872-1160