State of South Dakota

11/18/2022 | Press release | Distributed by Public on 11/18/2022 09:22

Glacial Lakes Energy Contribution to the DEX: Dakota Events CompleX Announced

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Glacial Lakes Energy Contribution to the DEX: Dakota Events CompleX Announced





FOR IMMEDIATE RELEASE: Friday,November 18, 2022

MEDIA CONTACT: Candi Briley, (605) 353-7340

Glacial Lakes Energy Contribution to the DEX: Dakota Events CompleX Announced

Huron, SD - The South Dakota State Fair is excited to announce Glacial Lakes Energy's $100,000 contribution to the DEX: Dakota Events CompleX. The DEX is a new, multipurpose livestock and equestrian complex at the South Dakota State Fairgrounds in Huron.

"Glacial Lakes Energy is proud to support the new Dakota Events Complex, which will greatly contribute to the success of South Dakota agriculture. At Glacial Lakes Energy, we are committed to investment in our communities, providing opportunities for today and generations to come," said Jim Seurer, Glacial Lakes Energy CEO. "We are excited to see the many benefits this facility will bring to the State Fair in Huron."

The DEX will provide exhibit space for over 13,000 4-H and FFA students across the state and expand the event hosting capabilities of the fairgrounds. Throughout the year, the DEX will also serve as a major draw for livestock shows, 4-H competitions, FFA Conventions, and rodeos as well as concerts, thrill shows, and more from across the country.

Glacial Lakes Energy (GLE) is a four plant biorefinery company operating in central and northeast South Dakota and solely owned by more than 4,100 shareholders of Glacial Lakes Corn Processors. On an annual basis, Glacial Lakes Energy purchases 125 million bushels of locally grown corn and efficiently converts it to more than 360 million gallons of the cleanest transportation fuel, over 1.1 million tons of the highest quality livestock feed, and 55,000 tons of the most renewable corn oil.

GLE also holds a 16% ownership interest in Granite Falls Energy LLC of Granite Falls, Minnesota and an 8% ownership interest in Redfield Energy LLC of Redfield, South Dakota, which provides additional ownership of more than 28 million gallons of annual ethanol production. GLE also has an interest of 17% in Harvestone Commodities Group, a global ethanol marketing and trading firm. More information about Glacial Lakes Energy LLC is available at www.glaciallakesenergy.com

The DEX is the new multipurpose livestock and equestrian facility replacing the Open Class Beef Complex destroyed by fire in 2020. The 150,000 square-foot facility will be able to house two full-sized equestrian arenas and seat up to 5,000 people and have two show rings with 1,700 cattle stalls. The facility will be heated for year-round usage. The DEX will have a pre-function and concession area with restrooms. The DEX will be open for the 2023 State Fair.

If you would like to learn more about the DEX or are interested in contributing to the project, please visit https://www.sdstatefairfoundation.com/.

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