Please Wait a Moment
X

CGB Enterprises Inc.

News

02Apr

Consolidated Grain and Barge Co. Announces Acquisition of Food-Grade Soybean Business

Mandeville, LA - Consolidated Grain and Barge Co. (“CGB”), a leader in the grain and transportation industries since 1969, is pleased to announce its acquisition of the food-grade soybean division of Quality Technology International, Inc. (“QTI”).

The new food-grade soybean business will trade, ship and sell specialty food soybeans via container to Japan, and domestically for processing and resale to Japanese food manufacturers.  Common food uses for these soybeans are Japanese staples including tofu, miso, and natto. 

 

“CGB is well experienced in the Identity Preserved (IP) and specialty grain markets.  This new business fits perfectly into our Market Development group as we work to expand in the food and consumer areas for non-GMO, specialty, and organic areas,” said Eric Kresin, General Manager, Market Development.

About Quality Technology International, Inc.

QTI is a recognized leader in providing natural gut health products for conventional, organic and ABF production. For more information, contact Quality Technology International at 847-649-9300, or email info2@qtitech.com.

 

About Consolidated Grain and Barge Co.

Consolidated Grain and Barge Co., a wholly owned subsidiary of CGB Enterprises, Inc., is headquartered in Mandeville, LA, and operates over 100 grain facilities across the Midwest.  In addition to grain facilities, CGB Enterprises, Inc. has dedicated operations in logistics and transportation (CTLC), crop insurance (Diversified Services), agri-finance (AGRIfinancial Services), soybean processing, producer risk management, and other related businesses. For more information on CGB Enterprises, Inc. and its family of businesses, please visit www.cgb.com.

 

###

About the Author

Related

Roger’s Technology Is Changing the Way the Bulk Freight Industry Does Business

Roger’s Technology Is Changing the Way the Bulk Freight Industry Does Business

Innovative technology solution streamlines and digitizes the dry bulk truck freight process by deliv...

Read More >
Consolidated Grain and Barge Co. and Agspring Announce Marketing Agreement for Big River Rice and Grain

Consolidated Grain and Barge Co. and Agspring Announce Marketing Agreement for Big River Rice and Grain

MANDEVILLE, LA (July 24, 2018) – Consolidated Grain and Barge Co. (“CGB”) and Agspring announce a...

Read More >

Louisville Milling and Bagging Facility

On Wednesday, September 25th, Consolidated Grain and Barge and Brooks Grain hosted a grand opening a...

Read More >

Consolidated Grain and Barge Co. Acquires Four Elevators from The Scoular Company

Mandeville, LA - Consolidated Grain and Barge Co. (“CGB”), a leader in the grain and transportatio...

Read More >
Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and Purchase Agreement of 11 Grain Facilities

Zen-Noh Grain Corporation and Viserion Grain, LLC Announce Sale and Purchase Agreement of 11 Grain Facilities

Covington, LA – Zen-Noh Grain Corporation (ZGC) announced today that it has entered into an agreem...

Read More >
Coming Soon! AgriFinancial Launches Money Minute

Coming Soon! AgriFinancial Launches Money Minute

In an effort to enhance our producers’ financial savvy, CGB-AgriFinancial has introduced Money Minu...

Read More >