Business Context and Reporting Period
This Form 8-K was filed by Green Plains Renewable Energy, Inc. on January 6, 2010. The report details a corporate expansion event rather than a standard financial reporting period.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document reports a strategic operational milestone rather than financial performance data.
Material Changes
- Expansion of Operations: Green Plains Renewable Energy, Inc. announced the opening of a new Blendstar terminal in Collins, Mississippi.
- Network Growth: This facility marks the eighth operating terminal for Blendstar, LLC, expanding its presence across six states.
- Ownership Structure: The Collins, MS terminal is wholly-owned and controlled by Blendstar, LLC.
Outlook and Management Commentary
Management has directed inquiries regarding service at the new Collins facility or the seven existing terminals to Matt Griswold, President of Blendstar. The filing incorporates a news release (Exhibit 99.1) as the primary source of commentary regarding this expansion.
Investor Verification Checklist
- Verify the operational status and capacity of the new Collins, MS terminal.
- Confirm the total number of Blendstar terminals and their geographic distribution across the six states.
- Review the attached news release (Exhibit 99.1) for details on the strategic rationale for the Mississippi expansion.
- Check subsequent filings for financial impact analysis of this new facility.