Bunge to Build New Grain Terminal

Bunge North America has created a joint venture with ITOCHU and STX Pan Ocean to build and operate a state-of-the-art export grain terminal at the Port of Longview, Wash., facility.

Called EGT Development, LLC, the project will be the first export terminal built in the United States in more than two decades.

The terminal will be capable of handling grain, oilseeds and protein meals. It features a rail loop track unloading system capable of holding four 110-car unit trains at any given time. The facility will include a highly efficient shuttle train unloading system as well as the capability to unload barges from the Columbia River. When it is fully operational, the facility will be able to handle more than eight million metric tons annually, according to Bunge North America, the North American operating arm of Bunge Ltd.

"The Pacific Northwest is already the second largest export corridor in North America but additional capacity will be needed to meet the growing demand for agricultural products in Asia," says Carl Hausmann, president and CEO of St. Louis-based Bunge North America. "All three partners currently ship to the Pacific Rim and this facility will be well-positioned to create a more direct and stable supply base so that we can better serve our operations and customers in Asia."

ITOCHU is the second largest marketer of grain and food products in Japan, and STX Pan Ocean is one of the world's leading shipping companies of agricultural products. Bunge has oilseed processing assets in China, an ownership stake in the Phu My port in Vietnam and is a significant seller into the Asian market. Bunge is the majority partner in the project.

"We certainly appreciate the support we have received from civic leaders in Longview and we look forward to being a good corporate citizen in the community. The grain terminal will not only create about 50 good jobs, but will provide about $2 million in tax revenue to support local governments and schools," says Bailey Ragan, vice president and general manager, Bunge Grain. "The facility will be supplied by agricultural production from Washington State as well as other locations in the Northwest, the Midwest and Western Canada."

For more information, visit www.bunge.com.

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.



Image Galleries

Golden Boy Pies

For the complete story on Golden Boy Pies, see “The classic appeal of Golden Boy.”

4/14/15 2:00 pm EDT

Gluten Free: The Rising Growth Market

On April 14, Snack Food & Wholesale Bakery will launch its 2015 Editorial Webinar Series with a web event on how Gluten-Free is impacting the commercial snack and bakery market—the first of four scheduled web events.

Snack Food & Wholesale Bakery Magazine

sfwb march 15

2015 March

March's Snack Food & Wholesale Bakery publication features our cover report: "Canyon Bakehouse redefines gluten-free" Plus Much More!

Table Of Contents Subscribe

Sweet-Savory Flavor Combinations

When it comes to snacks, what’s your favorite sweet-savory flavor combination?
View Results Poll Archive


Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Facebook IconTwitter IconYoutube IconLinkedIn Icon

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!