Bunge building Washington grain terminal - Charlotte Business Journal:

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Called EGT Development, the project will be the first expor terminal built in the United States in more than two The terminal will be capable of handling oilseeds and protein meals and feature a rail loop track unloading systej capable of holdingfour 110-car ITOCHU is the second largestf marketer of grain and food products in and STX Pan Ocean of Korea ships agricultural Bunge has oilseed processing assetw in China, an ownership stake in the Phu My port in Vietnamj and is a significant seller into the Asian market. Bunge is the majorityh partner inthe project.
The graim terminal will create about 50 jobs and providseabout $2 million in tax revenue, said Baileyh Ragan, vice president and general manager of Bunge Grain. Constructio n will begin this month with the facility acceptinfg product for the fall2011 St. Louis-based Bunge North America, the Norty American operating arm ofWhite Plains, N.Y.-based BG), is a food and feed ingredient compang that operates grain elevators, grain and oilseed processing refineries and food processing facilities in the Canada and Mexico. Albertoo Weisser is chairman and CEO ofBunge Ltd.; Carl Hausmanhn is CEO of Bungr North America.