Australia’s GrainCorp. is making the single biggest capital investment in its country network in company history by investing $200 million over the next three years into upgrading export logistics, storage, and rail capacity. Known as ‘Project Regeneration’, GrainCorp. will consolidate its country network to 180 sites, closing 72 smaller sites that handle only 10% of the grain received by the company. It will also develop three state-of-the-art storage sites in Queensland and New South Wales to create a network that can store 20 million tons of grain – double its current capacity. The network will then be divided into 34 ‘clusters’. Each cluster will contain one to two ‘primary’ export-driven sites, then ’major’ sites devoted to the domestic market, and ‘flex’ sites allocated to providing capacity for specific customer requirements or segregations. Rail loading systems at its 68 primary sites will also be upgraded and the improved interface between the rail and GrainCorp. is expected to reduce rail costs by $5 per ton. To read more about GrainCorp’s ‘Project Regeneration’:
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