CGB to Invest $30 mln in Indiana Port

17 Oct 05 Oct, 2016

Consolidated Grain and Barge Co. (CGB) plans to expand its operations at the Port of Indiana-Mount Vernon, investing more than $31 million to increase its soybean processing capabilities in southwest Indiana. CGB’s processing plant has been constructed in 1997, at that time processing 65,000 bushels of soybeans each day into soybean meal, soybean oil and soy hull pellets for both food and industrial uses. With this expansion, the plant will have more than doubled its original size.

Leave a Reply

Your email address will not be published. Required fields are marked *