Bunge building Washington grain terminal - St. Louis Business Journal:

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Called EGT Development, the project will be the firstt export terminal built in the United Statexs in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop tracko unloading system capable of holdingfour 110-carr trains. ITOCHU is the second largest marketer of grain and food productsin Japan, and STX Pan Ocean of Koreaa ships agricultural products. Bunge has oilseee processing assetsin China, an ownership staked in the Phu My port in Vietna m and is a significant seller into the Asian market.
Bunge is the majority partner in the The grain terminal will create about 50 jobs and providwabout $2 million in tax revenue, said Bailey vice president and general managet of Bunge Grain. Construction will begimn this month with the facility accepting product for the fall2011 St. Louis-based Bunge North the North American operating arm ofWhite Plains, N.Y.-based (NYSE: BG), is a food and feed ingredienr company that operates grain elevators, grain and oilseed processing refineries and food processing facilitiesa in the U.S., Canads and Mexico. Alberto Weisser is chairman and CEO ofBungde Ltd.; Carl Hausmann is CEO of Bunge Nortu America.