Gavilon Grain, LLC Announces Greenfield Elevator Project in Southwest Oklahoma

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New Shuttle-Loading Facility to Serve Oklahoma and North Texas Wheat Producers

 

Omaha, Neb. (Feb. 24, 2010) – Gavilon Grain, LLC dba Peavey Company today announced plans to construct a 1.3-million-bushel, slip-form concrete grain elevator near Altus, Okla. The new facility will be capable of unloading up to 50 trucks, or 60,000 bushels, per hour and loading 110-car shuttles at 60,000 bushels per hour, or one car in less than four minutes. The high-speed shuttle-loading facility is expected to receive grain from the 2010 wheat harvest.

 

“We are pleased to be expanding into southwest Oklahoma to serve area producers,” said Matt Gibson, Gavilon Grain’s director of merchandising and operations, western region. “The Altus location will complement our existing grain elevators in the surrounding region, including the Port of Catoosa in Oklahoma, and Saginaw and Wichita Falls in north Texas.”

 

The new grain elevator, located at 21080 U.S. Highway 62 in Headrick, Okla., will be managed by Mark Sethre. Sethre has 24 years of experience with Gavilon, merchandising grain in Montana, Minnesota, Nebraska, Ohio, and most recently at Terre Haute, Ind. Sethre is actively bidding on corn, soybeans, wheat and milo for 2010 production and can be contacted at (580) 738-5000 for grain bid information. Location and cash bid information is also available on the Altus Web page at: www.gavilon.com/altus.


About Gavilon Grain, LLC
Gavilon Grain, LLC, which conducts business as Peavey Company, is a subsidiary of The Gavilon Group, LLC. The Gavilon Group, LLC provides essential services in the physical distribution, trading, merchandising and risk management of raw materials and value-added products moving through the global supply chain of grain, feed ingredients, fertilizers and energy products. For more information, please visit www.gavilon.com.