CGB revised
Category: Other
Updated: 20 Oct 2020
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Created byHailey Utech
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Company Founded by Bob Frane with 3 employees in St. Louis, MO. Company purchased property on the Illinois River, began a trucking company and grew its barge fleetCGB was acquired by two international companies, one of which was ZEN-NOHDick Wilcox became CEO; CGB moved its headquarters office to Mandeville, LA and combined offices with Zen-Noh Grain CorporationCGB began its Identity Preservation Program, known as "Premium Grains"CGB built it's Soybean Processing plant in Mt. Vernon, INCGB created a crop insurance company known as "Diversified Services"CGB split Consolidated Terminals and Logistics Co. (CTLC) from its grain division to give it personal identityCGB purchased ag financing company, "Agrifinancial Services"Kevin Adams became CEOCreated a J/V with Cooper T. Smith in the Gulf, called "Cooper Consolidated"Created a J/V into fertilizer wholesale business called "CGB Fertilizer"CGB Created Feed Ingredients GroupCGB divested CGB FertilizerCGB leased 9 grain elevators from Big River Rice and GrainCGB created a J/V for a tech start up, Roger (rogerthat.com)ZGC announced agreement to purchase 35 operating US facilities from Bunge North America to be operated by CGB, transaction expected to close 2021CGB announced the acquisition of a food-grade soybean division of Quality Technology International Inc.CGB Organic Grains business announcedCGB exits crop insurance business and divests Diversified ServicesPeriods
CGB Acquired 42 elevatorsCGB built 7 state of the art grain facilities: 4 on river, 3 rail shuttle loading facilities
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