NORTH LITTLE ROCK, ARKANSAS, US — Bruce Oakley, Inc., a diverse commodity trading, distribution, and transportation company, has acquired the Cahokia, Illinois, US-based grain terminal of American Milling, LP. Financial terms of the transaction were not disclosed.
Oakley said it plans to operate the facility, in partnership with Oakley St. Louis (formerly Lange-Stegmann), as the Oakley STL Grain Terminal.
The Cahokia terminal has six truck dumps, two barge berths, and two 60,000 bph conveyor belts. Oakley said it plans to be operational within the first quarter of 2021.