Bunge building Washington grain terminal - Puget Sound Business Journal (Seattle):

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Called EGT Development, the projecg will be the first export terminal built in the Unitex States in more than two The terminal will be capable ofhandlingf grain, oilseeds and protein mealsa and feature a rail loop track unloading system capable of holdinb four 110-car trains. ITOCHU is the second largestg marketer of grain and food productsin Japan, and STX Pan Oceanb of Korea ships agricultural products. Bunge has oilseed processinhg assetsin China, an ownership stake in the Phu My port in Vietna m and is a significant seller into the Asia n market. Bunge is the majority partner inthe project.
The grainb terminal will create about 50 jobs and provideabouty $2 million in tax revenue, said Bailey Ragan, vice presideny and general manager of Bunge Grain. Construction will begi this month with the facility accepting producrt for the fall2011 harvest. St. Louis-based Bunge Northg America, the North American operatinfg arm ofWhite Plains, N.Y.-based BG), is a food and feed ingredient company that operates grain grain and oilseed processing refineries and food processing facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Ltd.; Carl Hausmanhn is CEO of Bunge North America.