The Wall Street Journal published an article today titled "Government of Ghana and Blumberg Grain Execute MOU for Manufacturing Plant and Export Hub in West Africa", heralding the new engagement to produce a state of the art food safety and security storage warehousing systems. An excerpt follows:
The Government of Ghana and Blumberg Grain have concluded a Memorandum of Understanding to cooperate in the undertaking of the company's West Africa Manufacturing Plant and Export Hub, which the government of Ghana is proposing to be located in the northern regions of Ghana.
The Hub includes the large scale production and distribution of Blumberg Grain's food security storage warehouses and network management systems to address increasing the nation's agricultural output and reducing post-harvest losses.
The manufacturing plant, to be built at Blumberg Grain's expense, without government subsidy or financing, will create 1000 new jobs, contribute significantly to the increase of the country's exports, and be a catalyst for large scale manufacturing in West Africa.
Blumberg Grain, a leading US based Food Security company, emphasizes best practices in its manufacturing workplace, as well as training and skills advancement.
The Hub will also include an Agriculture and Farming Institute in cooperation with Iowa State University, the Ghana Food and Agriculture Ministry, Ghanaian educational institutions and NGOs, with the purpose of providing farmers access to the best techniques and technology to increase quantity and quality of farming production.
To read the full article, click here. For more news and information visit Blumberg Capital Partners.
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