Bunge building Washington grain terminal - Tampa Bay Business Journal:

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Called EGT Development, the projecy will be the first export terminal built in the Unitede States in more thantwo decades. The terminaol will be capable ofhandling grain, oilseedz and protein meals and feature a rail loop tracm unloading system capable of holding four 110-car ITOCHU is the second largest marketer of grain and food productd in Japan, and STX Pan Ocean of Korea shipx agricultural products. Bunge has oilseed processing assets in an ownership stake in the Phu My port in Vietnam and is a significant seller into theAsian market. Bunge is the majorit y partner inthe project.
The graibn terminal will create about 50 jobs and providerabout $2 million in tax said Bailey Ragan, vice presideng and general manager of Bungre Grain. Construction will begin this month with the facility acceptinbg product for the fall2011 St. Louis-based Bunge North America, the Northy American operating arm ofWhite N.Y.-based (NYSE: BG), is a food and feed ingredient compang that operates grain elevators, grain and oilseed processinfg plants, refineries and food processingb facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bunge Ltd.; Carl Hausmanb is CEO of Bunge Northj America.