Global Processing

Bunge Buys Three Elevators from AGRI Industries

November 22, 2010
PRNewswire reports, Bunge North America, the North American operating arm of Bunge Limited has purchased three elevators from AGRI Industries, Inc. The elevators, located in Meeker''s Landing and McGregor, Iowa and Fulton, Ill., were operated as part of a joint venture between AGRI Industries and Bunge that was established in 2004. The three elevators have combined storage capacity in excess of 2.5 million bushels. All contracts with producers will be honored by Bunge. Employees at the facilities will not be affected by the sale.