Saturday, January 7, 2012

United Harvest upgrades facility - Portland Business Journal:

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export facility in a projecg that will double its inboundrail capacity. The news comex just two days after St. Louis-based grainn exporter Bunge North America announcedr that work will start this montu on a new grain terminal furthed up the Columbia River at the Port ofLongview that’s estimated as a $200 milliob investment. The new terminal, part of a jointy venture between Bunge, Japan-based Itochi Corp., and Korea-based STX Pan Ocean Co., would be the first new export facility built in the United States in two United Harvest, which operates export facilities in both Kalama and in Wash., said its Kalama project is now underway and shoulrd be completed by Sept. 30.
The upgrades are expected to reducse a bottleneck around the daily receipg of railcars at the Portof Kalama. “We’rer expanding our inbound rail capacity by 100 which will result in faster greater efficiencies and overall improved Gary Schuld, president of United said in a news “By doubling our inbound capacity, we’r in a better position to meet our growing needs.” United Harvest is a joint venture between CHS Inc. of St. Minn., the nation’s largest producer-owneed cooperative and Mitsui & Co. Ltd., a Tokyo-based exporter originatinh UnitedStates wheat, barley and by-products.

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