Glacial Lakes Energy, LLC
 
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Important Announcements

IMPORTANT NOTICE TO INVESTORS:

As of May 16, 2018, Glacial Lakes Corn Processors, the parent company of Glacial Lakes Energy, has declared a cash patronage dividend of $0.04 per share on all shares payable to shareholders of record as of August 31, 2018.

By accepting this notification, you acknowledge that you have read and understand the above statements and waive your right to the dividend associated with the shares you are about to make an offer to sell as they may match/be sold before 11:59 pm on August 31, 2018.


GLE WATERTOWN TRUCK ROUTE NOTICE: ROUNDABOUT CONSTRUCTION HAS BEGUN

Construction has begun on the South Hwy 81 and 20th Avenue Roundabout. We encourage our truck traffic coming from the east to continue on west to the US212/SD 20 intersection, turn left (south) on the 20th Ave bypass, and then come back south/east toward our plant. The west leg of the intersection will remain open however it is anticipated that turning trucks may struggle with a limited turn radius especially when other traffic is present.


We have recently learned that the "fix" for the perceived problem with Section 199A, namely its application of a 20% deduction to cooperative payments for agricultural products, potentially includes a "wage limitation" that would limit the Section 199A deduction for patrons to one-half of the wages paid by such cooperative. This wage limitation, as we understand it, would severely restrict the Section 199A deduction available to patrons of small cooperatives with few employees, and is much more detrimental than simply reducing the 20% deduction rate on agricultural product payments.

We urge you to contact your US Senators and Representatives to express opposition to any "wage limitation" in the Section 199A fix.


Tax Cuts & Jobs Act of 2017 - Section 199A Provision

Members: Request a Copy of the GLCP Annual Shareholder Meeting - Please include your name and mailing address in email.

Important Tax Information for Shareholders