On June 20th local time, COFCO International reached an agreement with GROWMARK to acquire a minority stake in GROWMARK's transfer facility in Cahokia, Illinois, USA. At the same time, GROWMARK agreed to purchase COFCO International's ownership of the grain warehouse facility in Chicago. Jerry Shi, Chief Operating Officer of COFCO North America Grains and Oilseeds, said in a statement, "We plan to continue to invest in our US business, seek more opportunities and focus on supporting our export strategies in the US Gulf of Mexico and Pacific Northwest."
中粮国际将其芝加哥谷物仓库设施出售给农业合作社Growmark Inc.
COFCO International sold its Chicago grain warehousing facilities to agricultural cooperative Growmark Inc.
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