Consolidated Grain and Barge Expands Mount Vernon, Operations

Area Development News Desk

05/30/2026

Agribusiness company Consolidated Grain and Barge Co. (CGB) plans to expand its operations in Mount Vernon, Indiana.

The $47 million project at Ports of Indiana-Mount Vernon will include new grain storage and truck unloading facilities, as well as a conveyor system connecting multiple sites throughout the port.

“We strongly value our relationship with the state of Indiana, Ports of Indiana and the Mount Vernon community, and this investment centers on serving our farmers and the local community,” said Tom Malecha, Executive Vice President of CGB Enterprises, Inc. “By improving traffic flow and reducing wait times, CGB is making soybean delivery at Mount Vernon more efficient while positioning the facility for the future.”

“CGB has been a long-standing leader in Indiana agriculture, and this investment at Ports of Indiana-Mount Vernon strengthens two of our greatest assets – world-class infrastructure and a leading agriculture economy,” noted Governor Mike Braun.

“Expanding CGB’s port facilities helps Hoosier farmers move crops more efficiently to global markets, supports rural communities, and reinforces Indiana’s leadership in agriculture and trade.”

Consolidated Grain and Barge Co. provides grain merchandising, storage, processing, and transportation services. The company operates a network of grain facilities, river terminals, and transportation assets supporting agricultural supply chains across North America.

“CGB is a world-class company that has been a tremendous partner at our Ohio River ports for nearly three decades,” added Jody Peacock, CEO of Ports of Indiana. “This investment demonstrates CGB’s strong commitment to Indiana agriculture, our port, and future growth opportunities that support local farmers.”

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