CGB Enterprises, Inc., just purchased the grain and fertilizer assets of Twomey Company, headquartered in Smithshire, IL. Eight locations including a barge loading terminal near Gladstone, IL, are part of the purchase, which includes a total storage capacity of 51 million bushels and 18,000 tons of liquid fertilizer capacity. The purchase means CGB gains additional loading capacity on the Mississippi River.
Twomey is a third generation grain and fertilizer company and will provide CGB with a customer base in northwestern Illinois.
CGB’s headquarters are located in Mandeville, LA. The company operates more than 70 grain facilities, a soybean processing plant, logistics, stevedoring and marine services, wholesale fertilizer marketing, financial services, crop insurance and farmer marketing services. For more information, visit www.cgb.com.