The Nigerian Federal Ministry of
Agriculture and Rural Development announced it
has awarded Blumberg Grain its project to
expand food security and storage in Nigeria. The
project calls for the turn-key installation of
Blumberg Grain warehousing systems and
technology, specifically the Arctic Vault and Grain
Vault product lines for perishable and dry
storage, respectively.
This award represents the first phase of the initial
order called for in a Letter of Intent executed
between Nigerian Minister of Agriculture Akin
Adesina and Philip Blumberg, CEO of Blumberg
Grain's parent company, Blumberg Capital
Partners. The agreement also confirms Blumberg
Grain's intent to build a manufacturing plant and
export Hub for West Africa in Nigeria, which will
serve as a production facility for Blumberg Grain's
food storage warehousing systems and create
over 1000 new jobs in Nigeria. Jide Olumeko,
Director of the Nigerian Strategic Grain Reserve,
and head of the Nigerian selection committee,
said, "After a visit to Blumberg Grain's facilities in
the United States, including its engineering center
in Ames, Iowa and manufacturing plant in
Houston, Texas we were very impressed with
the quality and comprehensiveness of Blumberg
Grain's food security storage and systems. The
effectiveness of their technology and their
innovative approach to lower post-harvest losses
is highly regarded."
David Blumberg, CEO of Blumberg Grain - West
Africa, remarked that "As the most important
agriculture market in West Africa, Nigeria is a
priority market for Blumberg Grain.
This is the first phase of a large scale storage
project to assist farmers throughout Nigeria,
reduce post-harvest losses and boost agricultural
output. The full project is one of largest in all of
Africa, including cold storage for perishables as
well as grain and other dry storage."
Blumberg Grain is a leading US based food
security company, providing vertically integrated
crop and food storage systems and technology.
Blumberg Grain's food safety and security
infrastructure and warehousing reduces post-
harvest losses of grain, produce, and other
perishables to 5% or less. The company works
with private companies and countries to
modernize agricultural value chains, increase the
quality and marketable output of their harvests,
enable efficient market timing, and significantly
boost exports of agriculture products.
As part of its international growth strategy,
Blumberg Grain is developing manufacturing
plants and export Hubs in Africa, Asia, and South
America.
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