Longview export grain terminal property lease signed
The Port of Longview on Monday entered into a land lease agreement that will bring the Washington state port the first export grain terminal built in the United States in more than 20 years.
The project is owned by joint venture EGT Development, a partnership between Bunge North America, ITOCHU and STX Pan Ocean. Estimated capital investment in the facility by EGT will be in excess of $200 million, with the port constructing a ship dock at a cost of about $6 million.
Construction is expected to begin this summer, the port said in a statement.
Longview export grain terminal property lease signed
