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Response to MME Case Analysis. By: Group 10. Goals. Most of the stated goals have already been completed or are not economically viable. Help local farmers by keeping corn prices high. Help member farmers profit from the increased demand for ethanol.
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Response to MME Case Analysis By: Group 10
Goals • Most of the stated goals have already been completed or are not economically viable. • Help local farmers by keeping corn prices high. • Help member farmers profit from the increased demand for ethanol. • Continue the process of converting into an LLC
Constraints • We agree that fulltime management is a substantial issue but the rest of the constraints seemed irrelevant or were already overcome.
Implementation • We suggest looking into selling but under different terms. • Look for a deal that would offer all cash instead of just 20%. • Why sell and hold onto 80% of a company that you are looking to get out of. • Adding a contract stipulation to continue local corn purchase seems highly unlikely. • Maintain the current status. • We see MME as a profitable company that caries no debt and pays a substantial dividend. • Once an LLC is formed let members decide to stay in or not.