What Show Me Ethanol does

Show Me Ethanol, LLC (dba SME Alcohol) is a privately-held corn dry-mill distillery operating a single integrated facility in Carrollton, Missouri since May 2008. The company processes approximately 20 million bushels of locally-sourced corn annually into a diversified product portfolio across two categories: Distilled Products (190 and 200 proof grain neutral spirits, specially denatured alcohol in multiple SDA formulas, completely denatured alcohol, and industrial solvents) and Grain Products (fuel ethanol, dried and modified wet distillers grains with solubles, and distillers corn oil). Annual physical output is approximately 60 million gallons of alcohol and 160,000 tons of animal feed, with the facility operating 24 hours per day, 7 days per week. The April 2021 distillation upgrade enabled production at any proof and any blend with a dedicated advanced denaturing skid that prevents co-mingling of formulations.

The company sells into five primary verticals: industrial (cleaning agents, solvents, varnishes, gasoline blending), personal care and cosmetics, beverage (wineries, breweries, distilleries), food and flavor extraction, and animal feed plus biodiesel. All ~60 million gallons of annual fuel ethanol are marketed exclusively through HarvestOne Group into Midwest E10 and E85 gasoline blending; industrial alcohol and grain co-products are sold direct via a small sales team (Ryan King, Alcohol Sales Director; Anthony Schreiner, Merchandiser) under quote-based, net-30 commercial terms. The company holds FSSC 22000, ISO 9001:2015, Kosher (OU), and EcoVadis Bronze (2024) certifications, employs two TTB-certified chemists, and is a member of the Renewable Fuels Association. Ownership is dispersed across 460+ investors via a member-style investor portal with transferable interests; no institutional PE/VC owner, parent company, or public listing is disclosed. Revenue is not publicly reported.

Name

Show Me Ethanol

Legal name

Show Me Ethanol, LLC

Website

https://smealcohol.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Show Me Ethanol is a privately-held corn dry-mill distillery in Carrollton, Missouri that processes 20 million bushels of locally-sourced corn annually into fuel ethanol, grain neutral spirits, denatured alcohol, and grain co-products serving industrial, personal care, beverage, food and flavor, and biofuel markets.

Ownership category

akta.pro rank

Product category

Ethanol and Distilled Spirits Manufacturing

NAICS

Distilleries (312140), Ethyl Alcohol Manufacturing (325193)

SIC

Beverages (2080)

akta.pro primary industry

Grain & Sugar-Based Ethanol Production (EUAAAHAA)

akta.pro secondary industry

Distilled Spirits Production & Distilling (AFAFAAAC)

Keywords

• Fuel ethanol production
• Grain neutral spirits
• Denatured alcohol
• Distillers grains feed
• Dry mill distillery

Headquarters

HQ city

Carrollton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Distilled Products (GNS): Sale of Grain Neutral Spirits (GNS) in 190 Proof and 200 Proof variants, plus custom blends. Sold to food, beverage, pharmaceutical, and industrial customers.
2. Denatured Alcohol Products: Sale of Specially Denatured Alcohol (SDA), Completely Denatured Alcohol (CDA), and Industrial Solvents to cosmetics, chemical manufacturing, pharmaceuticals, and industrial sectors.
3. Fuel Ethanol: Production of approximately 60 million gallons of fuel-grade ethanol annually. All fuel ethanol marketed through HarvestOne Group. Primarily blended in E10 and E85 gasoline throughout the Midwest.
4. Dried Distillers Grains with Solubles (DDGS): 160,000 tons of animal feed annually (approximately 90% dry matter). Sold as poultry, swine, and cattle feed. Proximity to Kansas City container market and Missouri River barge access enables export opportunities.
5. Distillers Corn Oil (DCO): Collected from whole stillage following fermentation and distillation. Sold into animal feed and biodiesel markets.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Show Me Ethanol operates a dry-mill corn distillery that manufactures specialty alcohol products (190 and 200 proof grain neutral spirits, specially denatured alcohol, completely denatured alcohol, and industrial solvents) along with co-products including fuel ethanol, dried distillers grains with solubles (DDGS), modified wet distillers grains with solubles (MWDGS), and distillers corn oil (DCO). The company serves industrial, cosmetics, personal care, beverage, food, flavor, and animal feed end-markets.

Product overview

Show Me Ethanol (SME) is a corn dry-mill distillery in Carrollton, Missouri that produces alcohol and related co-products. The company's product portfolio consists of two main categories: Distilled Products (Grain Neutral Spirits in 190 and 200 proof, plus Specially Denatured Alcohol, Completely Denatured Alcohol, and Industrial Solvents in various formulations) and Grain Products (Fuel Ethanol, Dried Distillers Grains with Solubles, Modified Wet Distillers Grains with Solubles, and Distillers Corn Oil). SME processes 20 million bushels of locally-sourced corn annually to produce over 60 million gallons of alcohol and 160,000 tons of animal feed. The distilled products serve industrial, cosmetics, beverage, pharmaceutical, and food & flavor markets, while grain products support animal feed and biofuel applications.

Differentiator

Problem solved

Functional benefit

Products and services

• 200 Proof Grain Neutral Spirits (GNS)
• 190 Proof Grain Neutral Spirits (GNS)
• Specially Denatured Alcohol (SDA)
• Completely Denatured Alcohol (CDA)
• Industrial Solvents
• Fuel Ethanol
• Dried Distillers Grains with Solubles (DDGS)
• Modified Wet Distillers Grains with Solubles (MWDGS)
• Distillers Corn Oil (DCO)

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• HarvestOne GroupcoreChannel Partner/ Reseller/ DistributorHarvestOne Group and its affiliates serve as SME's fuel marketing firm, a global commodity merchant focused in the biofuels sector. All of SME's fuel ethanol is marketed through HarvestOne Group.
• Missouri Corn Growers AssociationminorOthersMissouri Corn Growers Association, established in 1978, is a grassroots organization of farmer-members dedicated to increasing the profitability of corn production. SME sources corn locally from farmers, many of whom may be association members.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• MGP Ingredients: U.S. distillery producing grain neutral spirits and specialty alcoholic ingredients for beverage and industrial customers. The closest peer to Show Me Ethanol in the specialty industrial and beverage alcohol segment.
• Green Plains Inc. U.S. public ethanol producer operating multiple Midwest biorefineries producing fuel ethanol, DDGS, and distillers corn oil. Direct comparable as a regional Midwest ethanol producer with similar product portfolio and co-product strategy.
• Alto Ingredients: California-headquartered ethanol producer operating Midwest biorefineries producing fuel ethanol and co-products. Comparable to Show Me Ethanol as a multi-site ethanol producer with overlapping specialty alcohol capabilities.
• Grain Processing Corporation: Iowa-based corn refiner producing ethanol, starches, and specialty food ingredients. Comparable to Show Me Ethanol as a corn-based alcohol and ingredient manufacturer serving overlapping industrial and beverage end markets.
• POET: Largest U.S. ethanol producer operating multiple corn biorefineries across the Midwest producing fuel ethanol, DDGS, and corn oil. Highly comparable to Show Me Ethanol as both are corn dry-mill ethanol producers with identical feedstock and overlapping product lines.

Broad incumbents

• Valero Renewable Fuels: Valero's ethanol production division with multiple biorefineries producing fuel-grade ethanol. Comparable to Show Me Ethanol as a major fuel ethanol producer but embedded within a much larger refining and marketing enterprise.
• Archer Daniels Midland (ADM): Global agribusiness with major corn processing and ethanol production operations across North America. Comparable to Show Me Ethanol in corn-to-ethanol manufacturing but operates at much larger scale with a diversified ingredient and animal nutrition portfolio.
• Cargill: Global agricultural processor with corn wet milling and ethanol production operations. Comparable to Show Me Ethanol as a major commodity ethanol and ingredient producer but operating at industrial scale with broader product breadth.

Regional players

• Highwater Ethanol: Minnesota-based farmer-owned ethanol producer operating a single biorefinery producing fuel ethanol and DDGS. Comparable to Show Me Ethanol as a smaller-scale Midwest ethanol plant with similar product portfolio and farmer-investor governance model.
• Marquis Energy: Illinois-based dry-mill ethanol producer operating Midwest biorefineries. Comparable to Show Me Ethanol as a regional corn dry-mill ethanol operator serving similar geographies and end markets.

Market position

Strengths6 records

Weaknesses6 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/smefuel

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Show Me Ethanol