Indiana’s largest port is along the Ohio River in Posey County and as WNIN’s John Gibson reports, it’s about to get even larger:
State and local officials broke ground Tuesday for a 47-million dollar expansion by Consolidated Grain and Barge at the port in Mt. Vernon.
Officials say it’s the biggest investment at the port in more than 20 years.
The project is designed to triple grain handling capacity of CGB’s soybean processing operations.
The company currently processes about 50-million bushels of soybeans at Mount Vernon each year.
Officials say it produces soybean oil, meal, and soy hulls that are shipped to livestock producers and food companies around the world.
The expansion includes new grain storage and truck unloading facilities, as well as a conveyor system that transfers grain between multiple sites at the port.
Indiana Governor Mike Braun says the investment strengthens two of the state’s greatest assets – world-class infrastructure and a leading agriculture economy,
Braun says the port expansion will help Hoosier farmers move crops more efficiently to global markets, will support rural communities, and reinforce Indiana’s leadership in agriculture and trade.