5 days Ago By Cai Holroyd
Agricultural company AgConnex has confirmed the purchase of the Carrathool grain complex, further cementing their position in the western Riverina's grain industry. or signup to continue reading The complex, located between Hay and Darlington Point, owns around 95,000 tonnes of combined grain silo and bunker storage, and manages grains including durum, hard wheat and barley. The sale included a weighbridge, sampling stand, shedding, formed roads, drainage and an office complex.
CEO Geoff Barker said that the purchase would solidify the company's commitment to local growers and the broader Riverina region, but change little due to leasing the complex for multiple years. "We've been operating the Carrathool complex under lease for the past couple of years, making some essential upgrades over the past 18 months for better traffic flow and safety for the most recent harvest," he said. "With our purchase of the facility now official, we will accelerate our plans to further develop and modernise the site.
" AgConnex is headquartered in Griffith but operates grain receiving and handling facilities in Benerembah, Coleambally and Wumbulgal. Mr Barker said that they would be making efforts to hear from local producers about what would best serve them. "We are committed to providing a seamless supply chain experience for grain growers in the area.
Investments like this are crucial to both our and our customers' success." The deal was facilitated by Elders Real Estate, but the amount that the complex sold for is confidential. Full-time journalist and part-time nuisance for the Area News in Griffith.
Contact me at 0447 781 540 or [email protected].
au Full-time journalist and part-time nuisance for the Area News in Griffith. Contact me at 0447 781 540 or cai.holroyd@austcommunitymedia.
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