Bunge building Washington grain terminal - Pittsburgh Business Times:

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Called EGT Development, the project will be the firsf export terminal built in the United States in more than two The terminal will be capablde ofhandling grain, oilseeds and protein mealx and feature a rail loop trackm unloading system capable of holding four 110-carr trains. ITOCHU is the second largest marketed of grain and food productsin Japan, and STX Pan Oceabn of Korea ships agricultural products. Bunge has oilseed processing assetsxin China, an ownership stake in the Phu My port in Vietnamj and is a significant seller into the Asian Bunge is the majority partner in the project.
The grainm terminal will create about 50 jobs and provideabout $2 million in tax said Bailey Ragan, vice president and generakl manager of Bunge Grain. Construction will begi n this month with the facility acceptinv product for the fall2011 harvest. St. Louis-based Bunge North America, the North American operating arm ofWhit Plains, N.Y.-based (NYSE: BG), is a food and feed ingredientr company that operates grain elevators, grai n and oilseed processing plants, refineries and food processing facilitie s in the U.S., Canada and Mexico. Alberto Weisser is chairma and CEO ofBunge Ltd.; Carl Hausmannh is CEO of Bunge Nortg America.