U.S.-Based Blumberg Grain to Establish Manufacturing Hub for High-Tech Grain Storage Systems in West Africa

U.S.-Based Blumberg Grain to Establish Manufacturing Hub for High-Tech Grain Storage Systems in West Africa PR Newswire MIAMI, Dec. 13, 2012 - Site selection under way; Hub country to serve US$6.3 billion West African Market MIAMI, Dec. 13, 2012 /PRNewswire/ -- U.S.-based Blumberg Grain, a global provider of high-tech, vertically integrated crop and food storage systems, today announced plans to build a first-of-its-kind manufacturing plant and export hub in West Africa. The investment is expected to create more than 1,000 jobs and generate exports of more than US$1.25 billion for the selected host country. Blumberg Grain said Ghana, Nigeria and Namibia are among the locations it is considering. Blumberg Grain plans to choose its business partners and hub site by the first quarter of 2013 and begin production during the latter half of next year, as part of its global strategy to open such hubs worldwide. Once established, the West African hub will supply the region with state-of-the-art warehouses and inventory management systems, and food stock management and commodities exchange platforms. Blumberg Grain's patent pending technology is designed to stem a widening global problem: volatile food supplies due to post-harvest losses of grain, produce, and other perishables. In parts of the world, post-harvest losses have reached a staggering 60 percent.