MANDEVILLE, LOUISIANA, U.S. — CGB Enterprises (CGB) announced on Feb. 13 plans to invest in a new project located in Defiance, Ohio, U.S., to construct a rail shipment facility.
CGB, headquartered in Mandeville, Louisiana, U.S., said the grain facility will be constructed at 11859 Krouse Road, south of County Road 424, in Larry and Ray Plummer’s Enterprise Industrial Park located in Defiance. CGB will build the terminal with shuttle loading capabilities on the CSX railroad.
“The Defiance area provides CGB with a good production area, a great transportation system and outstanding support from the community, all of which gives us the confidence to make this investment,” said Steve Burbrink, director of business development for CGB.
Construction of the facility is scheduled to begin this spring and be completed in June of 2013.
“The decision by Consolidated Grain and Barge to invest in Defiance, Ohio, represents a major success for our community,” said Jerry Hayes, executive director of Defiance County Economic Development. “This project will connect the city of Defiance to regional, national and global markets.”
When complete, the facility will include over 2 million bushels of grain storage and will have the capacity to load 90 rail cars on a loop track.
Support for this project included grants from the city of Defiance, the Ohio Rail Development Commission and the Ohio Department of Development. In addition, the company received an enterprise zone tax incentive from Defiance County Commissioners.
CGB will employ nearly 15 individuals at the grain shipment facility during peak grain handling periods.