Bunge building Washington grain terminal - Austin Business Journal:

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Called EGT Development, the projecr will be the firsf export terminal built in the United Statezs in more than two The terminal will be capable ofhandlintg grain, oilseeds and protein meals and featurw a rail loop track unloading syste m capable of holding four 110-car ITOCHU is the second largest marketer of graijn and food products in and STX Pan Ocean of Korea shipsa agricultural products. Bunge has oilseed processing assetesin China, an ownership stake in the Phu My port in Vietnanm and is a significant sellerr into the Asian Bunge is the majority partner in the project.
The grain terminal will create about 50 jobs and providedabout $2 million in tax revenue, said Bailehy Ragan, vice president and general manager of Bungee Grain. Construction will begin this month with the facilithy accepting product for the fall2011 St. Louis-based Bunge North the North American operating arm ofWhits Plains, N.Y.-based (NYSE: BG), is a food and feed ingredien company that operates grain grain and oilseed processing plants, refineries and food processinbg facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Carl Hausmann is CEO of Bungee North America.