Gavilon Grain Announces Greenfield Project in Chester, Montana

State-of-the-art grain facility expected to be operational by 2011 harvest

OMAHA, Neb.--(BUSINESS WIRE)-- Gavilon Grain, LLC today announced plans to construct a state-of-the-art, high-speed shuttle facility in Chester, Montana. The 600,000-bushel, slip-form concrete grain elevator will serve producers in north-central Montana. The Chester facility is expected to be fully operational in the fall of 2011.

“We are looking forward to expanding our Montana asset base and offering area producers efficient grain storage and handling services,” said Matt Gibson, director of merchandising and operations western region of Gavilon Grain. “The addition of Chester will support the growing demand for export wheat from the Pacific Northwest.”

About Gavilon Grain, LLC

Gavilon Grain, LLC is a subsidiary of The Gavilon Group, LLC. Headquartered in Omaha, Nebraska, The Gavilon Group, LLC is a leading commodity management firm, connecting producers and consumers of feed, food and fuel through its global supply chain network. Gavilon’s history dates back to 1874, when Peavey Company built its first grain facility. In 1982, Peavey was acquired by ConAgra Foods, Inc. and later became part of ConAgra Trade Group. In 2008, a group of investors formed Gavilon and acquired ConAgra Trade Group, enabling the newly formed, privately held company to focus on growing its commodity business. Today, Gavilon leverages its strategic partnerships and more than 200 facilities and regional offices worldwide to link agriculture, fertilizer and energy supply with increasing global demand. The company provides origination, storage and handling, transportation and logistics, marketing and distribution, and risk management services to tens of thousands of customers and employs more than 1,100 people around the world. For more information, please visit www.gavilon.com.

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Source: Gavilon Grain, LLC