Golden Grain Energy, LLC

Golden Grain Energy is a privately-held company dedicated to adding value to northern Iowa’s corn production by turning locally-grown corn into clean-burning ethanol.

The company currently produces approximately 120 million gallons of ethanol annually at a plant in Mason City, Iowa. Owned by more than 900 members, the majority of who are Iowa farmers, Golden Grain Energy is committed to being a strong partner in the local community, a key player in the regional economy and a leader in Iowa’s ethanol industry. We employ over 50 individuals in rewarding professional careers and purchase approximately 42 million bushels of corn annually from producers and grain dealers. In addition to ethanol, Golden Grain Energy produces distiller’s grains and non-food grade corn oil, providing a feed source for local livestock producers or the Biodiesel Industry.

Golden Grain Energy strives to help meet the growing national demand for domestic biofuels, which are the key components of our nation’s efforts to reduce reliance on foreign oil and improve air quality around the country.

• Minimum Ownership: 20,001 Units .The Board will only consider approving transfers of Class A Units in groups of 10,000 or more Class A Units per transferee if the proposed transferee is not already a Class A member.
• Minimum Sale or Purchase: 1,000 Units 
  If the transferee is already a Class A member, transfers of Class A Units in groups of 1,000 or more Class A Units may be approved.
• Incremental Sale or Purchase: 1,000 Units
• Class A Units will always remain Class A Units
• If the transferor has less than 10,000 Class A Units and proposes to transfer all of the transferor’s Class A Units to one transferee, the Board will consider approving the transfer. 
• The Seller will be required to pay Variable Investment Associates, Inc. a fee of (2%) of the gross sales price or a minimum fee per transaction being ($175.00), to be paid out of the Sellers proceeds at the time of closing.

• Minimum Ownership: 10,001 Units. The Board will only consider approving transfers of Class B Units in groups of 5,000 or more Class B Units per transferee if the proposed transferee is not already a Class B member.
• Minimum Sale or Purchase: 1,000 Units
  If the transferee is already a Class B member, transfers of Class B Units in groups of 1,000 or more Class B Units may be approved.
• Incremental Sale or Purchase: 1,000 Units
• Class B Units will always remain Class B Units
• If the transferor has less than 5,000 Class B Units and proposes to transfer all of the transferor’s Class B Units to one transferee, the Board will consider approving the transfer. 
• The Seller will be required to pay Variable Investment Associates, Inc. a fee of (2%) of the gross sales price or a minimum fee per transaction being ($175.00), to be paid out of the Sellers proceeds at the time of closing.

• Minimum Ownership: 10,000 Units. The Board will only consider approving transfers of Class C Units in groups of 2,500 or more Class C Units per transferee if the proposed transferee is not already a Class C member.
• Minimum Sale or Purchase: 1,000 Units 
  If the transferee is already a Class C member, transfers of Class C Units in groups of 1,000 or more Class C Units may be approved.
• Incremental Sale or Purchase: 1,000 Units
• Class C Units will always remain Class C Units
• If the transferor has less than 2,500 Class C Units and proposes to transfer all of the transferor’s Class C Units to one transferee, the Board will consider approving the transfer.  
• The Seller will be required to pay Variable Investment Associates, Inc. a fee of (2%) of the gross sales price or a minimum fee per transaction being ($175.00), to be paid out of the Sellers proceeds at the time of closing.

• Minimum Ownership: 1,000 Units. The Board will only consider approving transfers of Class D Units in groups of 2,500 or more Class D Units per transferee if the proposed transferee is not already a Class D member
• Minimum Sale or Purchase: 1,000 Units 
  If the transferee is already a Class D member, transfers of Class D Units in groups of 1,000 or more Class D Units may be approved.
• Incremental Sale or Purchase: 1,000 Units
• Class D Units will always remain Class D Units
• If the transferor has less than 2,500 Class D Units and proposes to transfer all of the transferor’s Class D Units to one transferee, the Board will consider approving the transfer. 
• The Seller will be required to pay Variable Investment Associates, Inc. a fee of (2%) of the gross sales price or a minimum fee per transaction being ($175.00), to be paid out of the Sellers proceeds at the time of closing.