Multimillion dollar grain elevator for South Louisiana

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POSTED: Friday, April 1, 2011 - 6:19am

UPDATED: Friday, April 1, 2011 - 9:05am

Lake Charles, LA (NBC 33)-- An agribusiness investment firm out of New York agreed to build $59 million dollar grain export terminal at the Port of Lake Charles. The terminal will handle rice, wheat, corn, soybeans and dried grain for overseas shipment. According to Stephen Moret, head of Lousiana's Econonomic Development Agency says the Port of Lake Charles was chosen over several possible locations.

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