Sunday, July 15, 2012

United Harvest upgrades facility - Portland Business Journal:

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export facility in a project that will double its inbounxdrail capacity. The news comes just two days after St. Louis-based grain exporter Bunge Nortgh America announced that work will start this montu on a new grain terminal further up the Columbiqa River at the Port ofLongviee that’s estimated as a $200 milliohn investment. The new terminal, part of a joint venture between Bunge, Japan-based Itochu and Korea-based STX Pan Ocean Co., would be the firsft new export facility built in the Unitedr States intwo decades. Unitesd Harvest, which operates export facilities in both Kalama andin Wash., said its Kalama project is now underway and should be completed by Sept. 30.
The upgrade s are expected to reduce a bottleneck aroun the daily receipt of railcars at the Portof “We’re expanding our inbound rail capacity by 100 percent, whicg will result in fastedr turnarounds, greater efficiencies and overall improvefd performance,” Gary Schuld, president of Uniteed Harvest, said in a news release. “By doublingg our inbound capacity, we’re in a better positionn to meet our growing needs.” United Harvest is a joint venture between CHS Inc. of St. Paul, the nation’s largest producer-owned cooperative and Mitsui & Co. Ltd., a Tokyo-based exporter originatinvg UnitedStates wheat, barley and by-products.

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