World Grain -- May 2011 - 17

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Cargill to invest $25 million at Hales Point grain facility
HALLS, TENNESSEE, U.S. — Cargill AgHorizons said on April 20 that it will invest $25 million at its Hales Point grain elevator near Halls, Tennessee, U.S., in a modernization project that will signiﬁcantly increase its storage capacity and improve the speed to unload grain to better service customers. On an annual basis, Cargill will be able to double the amount of grain it can handle. “Our goal is to be the most efﬁcient grain elevator for area farmers, and the additional storage space, as well as the increased unloading capabilities, will help us achieve that,” said Kevin Mount, Cargill AgHorizons sales manager. Work on expanding the storage capacity should be completed by December. The additional storage capacity will allow Cargill to also buy sorghum at some point in the future. Cargill buys mainly corn, soybeans and soft red winter wheat at Hales Point. The elevator currently can unload about 10 trucks per hour. “We will signiﬁcantly increase that number,” said Tom Rodman, project leader, Cargill AgHorizons Mid-South Farm Service Group. “The lines of trucks can be pretty long at peak harvest times and these enhancements will minimize that issue. The goal is to realize an increase in our current unload capacity for the fall harvest this year.” The modernization project will allow Cargill to load a barge in less than two hours, much faster that the current rate of six hours. Most of the agricultural products at Hales Point are sent by barge to Cargill’s export elevators in Westwego and Reserve, Louisiana, U.S. From there, they are shipped around the world. “Hales Point is directly connected to the world’s growing demand for food and feedstuffs,” said Barry Brandstetter, general manager for the Cargill AgHorizons MidSouth Farm Service Group. In November 2010, Cargill installed a high-capacity grain dryer at Hales Point to increase the ability to unload grains during wet harvests. The Hales Point elevator was built in 1964. Cargill took ownership in 1999 through the acquisition of the Commodity Marketing Group of Continental Grain Company.

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Cargill acquires Fort Dodge corn wet mill ethanol facility
MINNEAPOLIS, MINNESOTA, U.S. — Cargill announced on March 31 that it has purchased Tate & Lyle’s corn wet mill ethanol plant in Fort Dodge, Iowa, U.S. “We believe that a highly efﬁcient, welllocated corn wet mill ethanol plant ﬁts well into our bio-product portfolio,” said Alan Willits, president of Cargill Corn Milling North America. “We see an opportunity in Fort Dodge to replicate the success we have had at our Blair, Nebraska, U.S., and Eddyville, Iowa, U.S., bioreﬁnery campuses.” The Fort Dodge asset is a corn wet mill ethanol facility. The existing facility has the ability to grind 150,000 bushels of corn per day and produce 115 million gallons of ethanol per year.
www.World-Grain.com / World Grain / May 2011

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World Grain -- May 2011

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