This article has been reprinted from the Aug. 16 USDA Grain Transportation Report.
Last week, Consolidated Grain and Barge Co. (CGB) announced the completion of a $32 million expansion project at its soybean processing facility, at the Port of Indiana (Mount Vernon).
The project, first announced in the fall of 2016, more than doubles the size of the operation, which increases opportunities for Indiana’s soybean farmers and CGB’s agribusiness customers.
The plant is the company’s only soybean processing facility and has access to inbound/outbound barge, rail, and truck transportation, as well as outbound container shipping.
Roughly 60 percent of the facility’s volume is shipped by barge.
The Evansville Western Railway, a Class III railroad, serves the port, connecting CGB and other shippers to the four U.S. Class I railroads—BNSF, CSX, Norfolk Southern, and Union Pacific.