Showing posts with label Minister of Supply. Show all posts
Showing posts with label Minister of Supply. Show all posts
Wednesday, August 27, 2014
Blumberg in the News
CNBC
“I want to show you this one thing: How big is this show? You're seeing the Egyptian Minister of Supply who has come to Iowa to further a multi-billion dollar deal to buy secure storage bins from Blumberg Grain for their grain. Egypt is the biggest wheat importer in the world, but loses as much as 40% to spoilage. The delegation right now is in Chicago to figure out how they can have a commodities exchange in Cairo, and Blumberg, which is a real estate investor out of Florida, got into this secure storage business, and this is its first huge deal, billions of dollars."
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