Bunge has completed its acquisition of Central Washington Corn Processors, a feed processing facility in Richland, Washington that supplies grain and oilseed products to livestock and dairy operations across the Pacific Northwest, expanding Bunge's regional feed business and bringing it closer to end-user customers.
- Bunge closed the acquisition of Central Washington Corn Processors (CWCP), a feed processing facility in Richland, Washington
- The facility has 2.1 million bushels of grain storage capacity plus 45,000 tons of covered storage in a 143,250-square-foot building
- CWCP processes coarse cracked corn, ground corn, distillers dried grains, cottonseed, and canola meal for dairies, ranches, and feedlots
- The facility receives direct rail service from BNSF and Union Pacific and can handle the largest trains either railroad operates
- This acquisition positions Bunge as a destination-market asset closer to end-users in the Pacific Northwest livestock and dairy sectors
Bunge has closed its acquisition of Central Washington Corn Processors, a feed processing and bulk commodity handling business in Richland, Washington, that supplies grain and oilseed products to livestock and dairy operations across the Pacific Northwest.
The St. Louis-based agribusiness announced the closing Friday. Its release did not disclose financial terms. Bunge said CWCP serves dairies, ranches, feedlots and commercial customers in the region and offers high-capacity unloading, storage and processing, making it an important asset in the regional feed supply chain.
The facility has direct service from both BNSF and Union Pacific. According to CWCP, it holds 2.1 million bushels of grain storage, plus a 143,250-square-foot flat storage building with 45,000 tons of covered capacity that serves as a distribution center for meal products. Elevator legs and belts load that building at 40,000 bushels per hour, and 14,500 feet of track can handle the largest trains either Class I railroad runs.
The company lists coarse cracked corn, fine ground corn, distillers dried grains with solubles, whole cottonseed, canola meal pellets and whole corn among the commodities it handles. It also runs a tower dryer for locally grown grain at harvest and loads and unloads containers, arranging drayage from the ports of Seattle and Tacoma.
For Bunge, the deal adds a destination-market asset rather than an origination elevator. CWCP is where rail-delivered grain and meal are received, stored, processed and moved out to feeders, putting Bunge closer to the end users of feed ingredients in the region.
Rayner Freyberg, Bunge's U.S. country manager, said the purchase expands the company's feed business in the region.
"This transaction represents an important step in expanding Bunge's feed solutions footprint and strengthening our ability to serve customers in the Pacific Northwest and support continued growth in the region's livestock and dairy sectors," Freyberg said.
He said combining CWCP's operations, location and customer relationships with Bunge's global network would let the company improve service and efficiency for customers across the Pacific Northwest.
Bunge did not say whether CWCP's name, management or staffing will change, or how the Richland facility will fit within its North American operations.
