Cargill investing AU$10M to expand numerous grain receival sites, purchase new grain handing equipment in Australia; move will increase grain-network capacity to 3.45 million tonnes from 3.12 million tonnes

MELBOURNE, Australia , November 14, 2011 (press release) – Cargill today announced it has committed over AUD$10 million to expand a number of its GrainFlow grain receival sites in Australia to increase performance and capacity in time for this season’s harvest.

“With the prospect of a good Australian crop this harvest we have made the commitment to spend $10 million to expand a number of our GrainFlow grain receival sites and purchased new grain handling equipment in time for this year’s harvest,” said Ralph Selwood, managing director, Cargill Australia.

“This construction is expected to increase capacity in the GrainFlow network from 3.12 million tonnes to 3.45 million tonnes,” said Selwood.

GrainFlow has also committed to expand its fleet of mobile grain handling equipment to provide additional drop off points for farmers and improve turnaround times during what is expected to be a busy harvest.

“Cargill’s acquisition of the AWB commodities management business earlier this year, which included the GrainFlow grain receival network, reaffirms Cargill’s commitment to Australian agriculture,” he said.

GrainFlow sites earmarked for expansion:

Oaklands (NSW) - additional 50kt of storage space
West Wyalong (NSW) - additional 50kt of storage space
Birchip (Vic) - additional 50kt of storage space
Sea Lake (Vic) - additional 50kt of storage space
Crystal Brook (SA) - additional 50kt of storage space
Mallala (SA) - additional 25kt of storage space
Pinnaroo (SA) - additional 50kt of storage space

GrainFlow has also invested in additional canola receival equipment and has added ten grain receival sites that will now take canola for the first time. GrainFlow sites which will accept canola this year are:

New South Wales – Bogan Gate, Gilgandra, Grong Grong, Narromine, Nyngan, Oaklands, Stockinbingal and West Wyalong
South Australia – Pinnaroo
Victoria – Birchip, Charlton, Dimboola and Sea Lake

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