$750K Grant to Consolidated Grain & Barge Co.

In fiscal year 2009, the DCEO gave the Consolidated Grain & Barge Co a $750K grant to expand their operations in Mound City, Illinois.

by Amanda Griffin-Johnson

In fiscal year 2009, the Department of Commerce and Economic Opportunity disbursed a $750,000 grant to Consolidated Grain & Barge Co of Mound City, Illinois. The grant (#09-483008) was part of the Coal Competitiveness Program, which “encourages communities and businesses to improve the coal extraction, transportation and utilization systems within Illinois.” This specific grant was for a project to “increase railcar unloading and barge loading capacity at the existing CGB bulk terminal in Mound City.”

According to the CGB website, the firm “provides an array of services for grain farmers, from financing and risk management to buying, storing, selling and shipping of the crop.” The company also serves “customers who need reliable transportation and logistics services.” Their terminal in Mound City, Illinois handles commodities such as potash, corn gluten pellets, soybean meal, grain, coal, and petroleum coke.

To find this entry on the IllinoisOpenGov site, go to “Checks to Businesses & People” and search for “Consolidated Grain” in the “vendor” field.