A joint venture between Headwaters Inc. and Great River Energy (GRE) calls for construction and operation of a 50 million gallon per year state-of-the-art ethanol production facility in North Dakota, on land adjacent to GRE's Coal Creek power plant North Dakota. It is called Blue Flint Ethanol.

In addition to ethanol production, the facility will produce dry distillers grains, a high-protein, nutritious feed for livestock and poultry. Approximately 40 new jobs will be created in Underwood to run the plant.