New Terminal, Elevator Announced On Ohio River
Union County Grain Company Inc. announced the development of a new river terminal and grain elevator project in Union County, Ky., October 30 during a press event. The terminal will be located at Mile 870 of the Ohio River in Dekoven, Ky.
The 1.2-million-bushel, state-of-the-art grain elevator will consist of dual 24,000-bushel-per-hour dumps and 65,000-bushel-per-hour loadout capacity by truck or overland belt.
The river terminal will be connected to the storage facility by a 42-inch beltline and consist of dual 65,000-bushel-per-hour dumps and barge offloading capabilities of several different commodities.
“Capital costs are estimated to be $7 to $12 million,” said Taylor Kanipe, CEO of Union County Grain Company Inc. “The new elevator and river terminal is estimated to accept grain and offload material by next fall. I am excited about the opportunity and look forward to serving the local farmers, community and surrounding counties.”
The grain elevator and river terminal is expected to create 10 to 12 full-time positions.
Key guests at the press event were Ryan Quarles, Kentucky commissioner of agriculture; Suzanne Miles, state representative for District 7; Union County Judge Executive Adam O’nan; Samuel Graber, Frost Brown Todd LLC.; Ashley Macy, CoBank; and Kelsey Rock, Hancock Bank.
