CGB to Close Meade County, KY, Elevator
Nucor Steel purchased property for new development
Consolidated Grain and Barge Company announced it will close its Brandenburg, KY, elevator on January 31, reports WHAS11.
Nucor Steel purchased the property for its $1.3 billion development that will bring hundreds of jobs.
The close has farmers in Meade County fearing tens of thousands in losses for each of them because the next nearest grain elevators are in Jeffersonville or Owensboro.
Ethan Straney, a local producer, expects the elevator’s closing to cost him about $50,000 more per year.