MANDEVILLE, LOUSIANA, U.S. — Consolidated Grain and Barge Co. (CGB) announced on Dec. 16 the construction of a new grain terminal in Osceola, Arkansas, U.S. This new facility is expected to be completed in August 2015, in time for harvest.

CGB started operations in Osceola over 25 years ago by leasing a facility.

“Our long history of serving local producers is important to us and we look forward to reentering that market with one of the fastest, high capacity elevators in the industry,” said Ed Ide, general manager.

This new state-of-the-art facility will operate with four receiving pits, two high capacity shipping legs, a river belt, and a high efficiency grain dryer. In addition, customers will have access to, a secure site where they can view up-to-date information regarding their grain transactions, contracts, tickets, and settlements at any time.

“CGB is very happy to be back in Osceola with its own grain terminal. This area has been important to us for many years and our goal is to continue building relationships and now providing the fastest truck unloading in the area,” said Steve Burbrink, director of business development.