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GreenShift Corporation Message Board

  • slashnuts slashnuts May 10, 2013 1:19 PM Flag

    It is with great sadness I bring you this tragic news

    It is with great sadness I bring you this tragic news.

    On Friday, April 19, 2013, United Ethanol employee, Jerod Guell, from Janesville, passed away from being trapped in a grain engulfment at United Ethanol. The incident occurred at about 10:15 a.m. on Friday, and his body was recovered at 11:11 p.m. on Friday night. A total of 16 fire departments, two law-enforcement agencies, and more than 100 public-safety personnel assisted at the scene on Friday. Jerod was employed at United Ethanol for seven years. He was 27 years old and leaves behind a wife and young son.

    For the benefit of Jerod’s family, United Ethanol has set up a memorial fund at First Community Bank, Attention Lisa McCue, P.O. Box 218, Milton, WI 53563. Checks can be made payable to the Jerod Guell Memorial Fund.

    This is a very hard time for Jerod’s family and the United Ethanol employee team. I ask that you please keep all of us in your thoughts and prayers as we work to try and piece together Friday’s events, and especially as we mourn the loss of this family member, fellow employee, and friend.

    Although it is emotionally difficult to do so, clean up from the emergency-rescue/recovery process has begun, and United Ethanol will continue operations as planned. Through the first quarter of 2012, United Ethanol produced 10,893,223 gallons of undenatured ethanol, 28,950 tons of dry distiller’s grain, 5,674 tons of wet distiller’s grain, 18,214 tons of liquefied carbon dioxide, and extracted 2,863,214 pounds of corn oil.

    Ethanol margins have rolled into positive territory. The corn market lost a few dollars after the United States Department of Agriculture confirmed the extremely-high corn prices last year did destroy demand, and the supply on hand was not as tight as many feared.

    Sentiment: Strong Buy

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