Blumberg in the News

Blumberg Grain was featured in an article in The Tribune in India this week as Sanjeev Sharma interviewed David Blumberg CEO, Blumberg Grain. An excerpt from the article follows:

Q: What are your plans for Punjab?
A: Senior representatives of the company are visiting Punjab as well as several other states in the country, to explore propositions for establishing the manufacturing plant and export hub for Asia. The company intends to select a location for the manufacturing hub by the end of summer. We are also in discussion with potential distribution partners and customers in the state.

Q: What are the initiatives for making India an export hub?
A: We are looking forward to making India our hub for Asia to enhance food security infrastructure in both the grain and perishable value chains throughout the region. We are looking to establish a manufacturing plant and export hub in India. The Blumberg Grain Hub in India will manufacture components for scientific warehouses. Blumberg Grain will export its systems, made in India, throughout Asia.

Q: How does it synchronise with Make in India?
A: Blumberg Grain aims to make India a home country in the greater region — that is the vision of our chairman, Philip Blumberg. The Blumberg Grain manufacturing facility alone would generate over 1,000 local jobs and an estimated economic impact of $1 billion in the first year of operation in the state in which it is set up. In addition, we will source raw materials from India and help create a knowledge base and supply chain that will have a multiplier effect on local economies.

To read the full article, click here. For more news and information visit Blumberg Partners.

Blumberg in the News

David Blumberg, Chief Executive Officer of Blumberg Grain – West Africa, was interviewed this month in Business Today Egypt in an article titled Blumberg Grain Provides Solutions to Egypt's Grain Spoiling Problem. An excerpt follows:

Egypt has a major issue with grain spoiling. Some 40% of grain spoils every year, why?
Egypt regularly faces post-harvest wheat losses of approximately 40% due to spoilage occurring in the traditional, open-air storage facilities currently being used, commonly known as Shouna. This loss is due to depletion by pests, pilferage, rot and inclement weather.

What is the solution that Blumberg Grain provide to this problem? And how much can it reduce the percentage of spoiled grain?
The Shouna Development Project is a unique collaboration between the Ministry of Supply, Ministry of Defense and Blumberg Grain. The first phase of the project will revamp 93 Shouna (of 164 total planned) located across the country with modernized food security warehouses, known as Blumberg Grain Aggregation Centers.

This first phase of the project will enable primary processing of 3. 7 million metric tons of wheat per year across a platform of 3.6 million square feet of storage space.

The project will create one of the world’s largest and most sophisticated integrated food security systems for grain storage.

The Blumberg Grain Aggregation Centers, when properly implemented, can reduce postharvest losses down to 5% or less. The system will support the government in recovering crops lost to post harvest losses, saving Egypt up to an estimated USD 200 million annually.

To read the full interview, click here. For more news and information, visit Blumberg Partners.

Blumberg in the News

New Dehli TV's Panel Discussion with Philip Blumberg:

Blumberg Grain Visits India With An Eye Towards Adding Value to the Country's Ongoing Food Security Initiatives

Blumberg Grain senior executives are arriving in India this week for meetings on food security needs in the public and private sectors.
The Future of Food Security Is Here

The company will also be participating in official business and industry events on January 26th held in honor of visiting U.S. President Barack Obama, and hosted by the U.S.-India Business Council, an arm of the US Chamber of Commerce.

Chairman and CEO, Philip Blumberg, accompanied by senior executives of the US based agribusiness company, will also be evaluating opportunities in India for partnering with Indian companies as well as investing in food processing, manufacturing, and opportunities to establish food security operations in India to reduce post harvest losses, currently estimated at over 50%, to under 5% utilizing Blumberg Grain's state of the art technology and storage systems.

Blumberg Grain's food security technologies and solutions are increasingly taking hold among emerging agricultural economies. The Company was recently selected to develop Egypt's new grain storage infrastructure, which comprises 93 sites across Egypt, and enables primary processing of 3.7 million metric tons of wheat per year across a platform of 3.6 million square feet of storage space. That project will be one of the world's largest integrated food security systems for grain storage. Blumberg is also providing cold chain storage for produce and perishable storage for the Nigerian government, which is anticipated to ultimately comprise the largest cold chain infrastructure on the continent.

Philip Blumberg Chairman and CEO, commented, "Though we have considered investments in India previously, the determination of the Modi Administration to address food security and improve agriculture, combined with President Modi's 'Make in India' initiative, is very aligned with our objectives. We will be evaluating opportunities to manufacture our food security systems and storage in India for domestic use and for export. We are looking forward to meetings with government officials as well as major Indian companies regarding joint-venture/partnership to enter the India market. At the end of the day, we believe that India provides numerous win-win opportunities for our company, Indian agriculture and the Indian people as a whole."

About Blumberg Grain
Blumberg Grain is a leading global food security company, providing harvest protection systems and technology. Blumberg Grain's fully integrated crop and food security systems can reduce post-harvest losses of grain, produce, and other perishables to 5% or less. Blumberg Grain 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. For more information, please visit www.blumberggrain.com.

Blumberg in the News

Blumberg Grain was featured in a CairoScene article this month titled "US TYCOON: USE YOUR LOAF, EGYPT", which proclaims that Egypt's bread crisis could soon be resolved by Blumberg, which is launching a new venture in Egypt to introduce new nationwide storage facilities that are set to prevent spoilage and reduce price volatility. An excerpt follows:

It was Marie Antionette who once said let them eat cake – well now a US business tycoon could soon have Egyptians scoffing some of the best loaf on the planet.

Philip Blumberg, head of Blumberg Capital Partners, has launched the tasty new venture after successive politicians failed to solve the riddle of lowering bread prices despite the relatively high cost of purchasing grain, thanks to the country’s poor credit rating.

He said: "Egypt is the largest importer of wheat in the world, but they have to buy it on the spot market. It’s crazy. The largest wheat buyer in the world is constrained by storage."

Blumberg has now reached a deal with Egyptian President Abdel Fattah el-Sisi to build 164 grain-storage facilities designed to prevent spoilage, reduce price volatility and eventually lead to a local commodities exchange.

To read the full article, click here. For more news and information, visit Blumberg Capital Partners.

Blumberg in the News

Blumberg Grain was featured in a CNBC article today titled "The American who wants to save Egypt's bread", which explores the recent activity and advancements of Blumberg Grain in Egypt. An excerpt follows:

The rising price of bread was one reason Hosni Mubarak lost power in Egypt. Food inflation is one reason his replacement, Mohammed Morsi, also lost the job. "Egypt is the largest importer of wheat in the world, but they have to buy it on the spot market," said Philip Blumberg of Blumberg Capital.

That may change.

Blumberg recently reached a deal with Egyptian President Abdel Fattah el-Sisi to build 164 grain storage facilities designed to prevent spoilage, reduce price volatility and eventually lead to a local commodities exchange.

"It's crazy," the American investor said. "The largest wheat buyer in the world is constrained by storage."

Blumberg, a Harvard Business School graduate who made his fortune in South Florida real estate, said his family has a history with agriculture, having farmed cotton and pecans in Alabama and tomatoes in Florida. He began to see the buildings he invested in as commodities, too.

"A building is nothing but a bundle of commodities, an assembly of copper, nickel, glass, steel and concrete," his son, David, told Africa Agribusiness.

Philip Blumberg began seeing the need for food security and storage in developing countries, and he decided to create a fund called Blumberg Grain to invest in projects.

To read the full article, click here. For more news and information, visit Blumberg Capital Partners.

Blumberg in the News

An article was published by ONews Agency titled "Minister of Supply: 3 major projects for the storage of wheat at a cost of 3 billion and 206 million pounds" discussing the meeting between President Abdel Fattah Sisi with Dr. Khaled Hanafi, Minister of Supply and Internal Trade, and Blumberg executive team members to discuss new projects in Egypt. An excerpt follows:

Dr. Khaled Hanafi Minister of Supply and Internal Trade, following the two meetings commented, that the first meeting was with President Abdel Fattah Sisi with the aim of a group of international investors to set up three major projects, the first project at a cost of one hundred million dollars for the construction of the first plant for storage technology and modern logistics warehouses to serve the domestic market and export to markets Arab and African countries.

The second project at a cost of one billion and one hundred and ten million pounds to create the ten modern logistics areas, as the first stage, for the storage and trade of perishable products from fruits and vegetables to reduce production costs, and thus prices, and preserving the rights of agricultural producers, so they can provide the goods and provide to citizens at discounted prices, which provides 40% of the costs as a result of avoiding wastage in the trading, transportation and storage.

The Minister of Supply and Internal Trade said that a third project at a cost of one billion and three hundred and eighty-one million pounds to bring one hundred sixty-four shounas to modern global standards. Instead of dirt barns will use modern technology to suit the conditions of the Egyptian environment, which includes operations of receiving and handling and storage of wheat and grain, and provides about 30% as a result of the cost to avoid wastage in wheat trading operations. Balhun exposed and dirt, as well as the classification of Egyptian wheat for the first time in order to preserve the rights of farmers and draw some wheat varieties are expensive and exported abroad.

To read the full article, click here (for the original Arabic version, use this link). For more news and information visit Blumberg Capital Partners.

Blumberg in the News

Blumberg Grain was featured in an article this weekend titled "Sisi with the Head of Blumberg for 3 projects for the storage of grain and fruit" which summarizes a meeting in which President Abdel Fattah Sisi met with Philip Blumberg, Dr. Khalid Al-Hanafi, Minister of Supply and Internal Trade, David Blumberg, Managing Director of Blumberg Grain West Africa, and Christian Rath, Senior Vice President of the Blumberg Grain company. An excerpt follows:

The meeting was aimed at review and discuss three major projects, including the creation of the company's first factory for storage technology in the Middle East, which will serve the local market, and targets integration with the national project of the giant development axis at the Suez Canal, as well as providing opportunities to export to the Arab countries and African countries, where the project will the world's largest in its field, and direct investments worth 100 million dollars.

It also included discussions on project to replace the storage barns (dirt shounas) with Blumberg's modern and advanced technology, which are specially designed to suit the conditions of production and circulation, which is used to store grain and wheat, providing more than 30% of grain crops, ie, 1.2 million tons, which was being wasted due to the poor conditions of storage and handling, and a total cost of 1.7 billion pounds.

The third project would seek to establish a ten areas of logistics, as a first stage, for the purpose of processing, storage and preservation of agricultural products, grains, vegetables and fruits, to avoid wastage of 40% of these crops, as well as the opportunity to control prices by storing these products, and re-launched in the market to set prices and control expensiveness. Note that these three projects were under consideration at the Ministry of Supply and Internal Trade, during the past three months.

To read the full article, click here (for the original Arabic version, use this link). For more news and information visit Blumberg Capital Partners.

Blumberg in the News

Blumberg Grain was featured in a World Grain article today titled Blumberg Grain Links with The Corporate Council on Africa. An excerpt follows:

Blumberg Grain said that it has joined The Corporate Council on Africa (CCA), a organization developing and strengthening business relationships between the United States and Africa.

In its release, David Blumberg, CEO of Blumberg Grain – West Africa said, “CCA is a very effective organization, with breadth and depth of experience in Africa. We appreciate how effective participating in CCA conferences and events has been for our company and staff, and look forward to a continued close working relationship.”

Added Philip Blumberg, Chairman of Blumberg Grain’s parent Blumberg Capital Partners, “With our company’s plans to expand manufacturing into Egypt and Nigeria this is a particularly appropriate time to join CCA. The Council and its members are committed to the betterment of Africa by identifying and helping create business opportunities and strengthening ties between the US and Africa.”

To read the full article, click here. For more news and information visit Blumberg Capital Partners.

Blumberg in the News

Blumberg Grain was featured in a Ventures Africa article this month titled "Blumberg Grain Expands African Business Into DRC", announcing that Blumberg Grain has been contracted by the Democratic Republic of Congo (DRC) to provide grain warehousing services to its farmers after signing a similar contract with the Nigerian Ministry of Agriculture to expand the country's food security and storage. An excerpt from the article follows:

"This initial DRC order represents another important deployment of Blumberg Grain's food security storage and systems," Blumberg Grain West Africa CEO, David Blumberg said.

He noted that throughout Africa, governments emphasize the need to lower post-harvest losses in order to increase farmer incomes and boost agricultural output.

"That's a key focus of Blumberg Grain's food security systems," he said.

Philip Blumberg, CEO of Blumberg Capital Partners, said his company also looks forward to investing in processing plants, cleaning, drying and packaging facilities in the DRC."

Blumberg Grain 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.

To read the full story, click here. For more news and information visit Blumberg Capital Partners.

Blumberg Grain in the News

The Nigerian Federal Ministry of Agriculture and Rural Development announced this week that 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.

To read the full article, click here. For more news and information visit Blumberg Capital Partners.

Blumberg in the News

Philip Blumberg, Founding Chairman and CEO of Blumberg Capital Partners, was featured as a Cityscape speaker in a 60 second interview with Cityscape Global this month. An excerpt follows:

Q. Whereare the best investment opportunities in global real estate today? USA, Europe, Asia or Middle East?

Opportunities lie in developments and acquisitions which respond to fundamentals and real end user demand, rather than speculation.

I would look to:
Affordable housing, triple net corporate facility investments, opportunistic acquisitions of heavily discounted but well conceived, located and executed commercial and office developments in developing and emerging markets.

Down the road investment in European economies.

Q. How significant is speaking at the Global Real Estate Summit to you? What are your reasons for taking part?

Having the opportunity to speak and participate in this conference over the past 10 years has been a privilege and very enjoyable experience.

Watching this event grow into one of the preeminent real estate conferences in the world is a remarkable achievement, and a good use of the most precious resource: time.

To read the full article, click here. For more news and information visit Blumberg Capital Partners.

Blumberg Grain in the News

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.

Blumberg In The News

Philip Blumberg was recently interviewed by Amwal Al Ghad, a monthly issued magazine that covers all news about economy, Banks, investments, stock market, and all other related financial sectors in Egypt. An excerpt from the article follows:

Amwal Al Ghad En: What is the company's vision over the real estate sector in Egypt even the challenges it facing amid the political turmoil? In addition, what are the market's current demands?

Blumberg: First, my expectations in Egypt it will attract investments as soon as possible because investments in real estate travel very quickly. Secondly, the affordable houses are important and much needed in Egypt, which also the Egyptian government can assist. The housing sector should support the PPP system.

We think there are opportunities in the office-building sector that we can reposition them from the C to A class.

We look to the region of Egypt as it has more jobs; it is a promising market for exports and manufacture, more and above it is the great real estate residential sector for affordable houses.

The companies will not come if they will not see stabilization in Egypt. Therefore, we are looking now for US government support for Egypt

John Kerry, US Secretary of State, has allocated $250 million for Egypt; it will be released as soon as the IMF discussion is over, for the Egyptian government's projects. We believe they go to the infrastructure and job creation to help people.

There is another $ 750 million but the US government is waiting that how the Egyptian government could utilize the $250 million.

To read the full interview, click here. For more news and information visit Blumberg Capital Partners.

Blumberg Grain in the News

Philip Blumberg and Blumberg Grain were recently featured in an Africa Agriculture Business article titled "Blumberg Grain: Bringing Opportunities to Africa’s Agriculture Market," in which the advantages of the Blumberg Grain storage system are explored, as well as the future of agriculture in Africa. An excerpt follows:

Recently Africa Agribusiness Magazine had the pleasure of speaking with Philip Blumberg, Chairman and CEO of Blumberg Capital, to discuss how their agriculture initiative, Blumberg Grain, can provide innovative solutions to Africa.

Blumberg provides countries and companies with state of the art and comprehensive storage units for post harvest food safety and security. Mass produced in the United States, the lightweight, scalable warehouses use one-third the steel of conventional warehouses, making them the most cost effective storage facilities in todays market. However, the simple design does not hinder the structures expected lifespans, which is estimated at 25-50 years.

Furthermore, each self-contained facility can be customized for farmers needs. "Despite their simple design, these warehouses are quite sophisticated. Its what we can do inside that makes all the difference," said Philip Blumberg.

By design, Blumberg warehouses can be divided for multiple products, and each area can have its own sophisticated temperature, insulation and humidity controls. To operate the facilities, countries may choose from generator, solar or wind power. Whats more, Blumberg structures are designed to work in rural areas, close to the farmers and their crops, so that harvested crops are stored as quickly as possible. The units also serve as large distribution and collection facilities.

After the modules are shipped to the host country, assembly begins. One key advantage is that these warehouse buildings can be installed and working in as little as 3 days. Blumberg works directly to train the local workforce to assemble and run the facilities. "We are committed to hiring the majority of employees from the local job market," says Mr. Blumberg.

To read the full article, click here to visit the Blumberg Grain website. For more news and information visit Blumberg Capital Partners.

Blumberg in the News

Business Today Egypt published a Q&A with Philip Blumberg, chairman and CEO of the Blumberg Capital Partners group of companies and chairman of the firm's investment committee. An excerpt from the March edition follows:

Q: It has been said that investors are now showing their willingness to consider opportunities in the Egyptian real estate sector. How would you describe these investors?

BLUMBERG: I'd describe those investors as leading edge, and leading-edge investors success is key to attracting the larger mainstream companies and investors. It's this increase in economic activity that gets the real estate economy going as well.

We see long-term opportunities in quality office development, retail and residential projects. In the short term we see very considerable opportunity in the industrial and warehouse sectors. There is tremendous built-up demand for warehousing at ports, free zones and in the new projects being contemplated in the economic plan known as the Nahda, or Renaissance Plan.

These are more than just words, as we are preparing now to commit to a large scale investment in Egypt in this sector and to move to expand our manufacturing business with construction of a manufacturing plant and export hub in Egypt. The Hub will employ 1,000 Egyptians and potentially increase Egyptian exports by $6 billion (LE 40.39 billion) and the country's GDP by 2.2%.

We have faith in Egypt and in our working with government leadership see a very strong and decisive effort to generate and support economic development projects like ours. As long as this continues we are optimistic about prospects for Egypt.

To read the full article click here. For more news and information, visit Blumberg Capital Partners.

Blumberg Grain in the News

Blumberg Grain was featured in an article titled Blumberg Grain Makes Ghana A Finalist For West African Manufacturing Hub published by The Investor yesterday. The article makes note of an impending investment decision to possibly locate a multi-million dollar Manufacturing Plant and Export Hub in Ghana by Blumberg Grain. An excerpt:

If Ghana is selected, the Blumberg Grain Hub would employ over 1,000 Ghanaians, generate USD 1.25 billion in sales/export, increasing Ghana's GDP by 3 percent, and house an agricultural institute that provides programming on best practices in agricultural development.

Blumberg's investment will make the winning country the major agribusiness center in the sub-continent. Ghana is in contention with sister African economies, but Blumberg's CEO, Philip Blumberg, said he was impressed with Ghanaian Minister of Food and Agriculture, Mr. Kwesi Ahoi's response, with whom he had personal contact during his 5-day visit.

Mr. Blumberg noted, "Minister Ahwoi has passion, an understanding of the business of agriculture, and a strong desire to see Ghana transformed into a vibrant and critical agricultural commune. Minister Ahwoi introduced us to his team in Accra, who were extremely impressive as well, both in their technical knowledge and their vision for a comprehensive system for Ghana", describing the response as, "extremely impressive."

Speaking about Ghana, the Blumberg team noted that this country is a good place for the Hub as according to them Ghana's Minister is committed to working within the political system to achieve for Ghanaian farmers improvement and support. "He's very focused on that. And that makes a difference to us because it means not only do we have ministerial support, but we also have a government advocate for the center. I was very encouraged by that."

To read the full article, click here. More news and information is available at Blumberg Capital Partners.

Blumberg Grain to Establish Manufacturing Hub for High-Tech Grain Storage Systems in West Africa

Site selection under way; Hub country to serve US$6.3 billion West African Market.

U.S.-based Blumberg Grain, a global provider of high-tech, vertically integrated crop and food storage systems, today announced plans to build a first-of-its-kind manufacturing plant and export hub in West Africa. The investment is expected to create more than 1,000 jobs and generate exports of more than US$1.25 billion for the selected host country. Blumberg Grain said Ghana, Nigeria and Namibia are among the locations it is considering.

Blumberg Grain plans to choose its business partners and hub site by the first quarter of 2013 and begin production during the latter half of next year, as part of its global strategy to open such hubs worldwide.

Once established, the West African hub will supply the region with state-of-the-art warehouses and inventory management systems, and food stock management and commodities exchange platforms.

Blumberg Grain's patent pending technology is designed to stem a widening global problem: volatile food supplies due to post-harvest losses of grain, produce, and other perishables. In parts of the world, post-harvest losses have reached a staggering 60 percent. Blumberg Grain's innovative food storage and preservation systems can help cut field and post-harvest losses to less than five percent.

"The selection process for the manufacturing plant and export hub has been under way for several months, and we have had a very high level of interest from many West African countries," said Philip Blumberg, chairman and chief executive of Blumberg Capital Partners.

"Our hub provides a significant advantage over competitors, including companies from China, who tend to source labor and materials only from their home countries. We make a commitment to local employment and training, as well as to working with local companies for steel supply, logistics and engineering services, significantly increasing the hub country's GDP."

Blumberg Grain's manufacturing plant and export hub will initially produce 1,200 warehouses annually. Demand for such technology in the West African region is estimated to be a US$6.3 billion opportunity.
"Our warehouses are both cost efficient and technologically scalable," said Christian Rath, senior vice president of Blumberg Grain. "Each warehouse, for example, can be linked electronically to sophisticated inventory-management systems and global commodities exchanges, enabling countries and commercial enterprises to remotely track their food supplies and take advantage of peak market pricing conditions."

The warehouses are pre-fabricated to be the fastest to deploy in the world. Easily transportable, they can be quickly moved to rural areas to mitigate on-farm post-harvest losses. When erected together in regional centers, the warehouses also can act as large grain and produce terminals, improving the safety and security of the food stores of multi-national enterprises and sovereign state governments.

Blumberg Grain's offerings include a self-contained bulk system that beats traditional steel grain silos on the basis of cost, quality of storage and safety of operations. The system hermetically seals grain in customized containers that hold up to 1.5 tons of grain each. The containers do not require fumigation, eliminating the need to apply toxic chemicals. Such storage eliminates 100 percent of pests that are a major cause of grain damage, according to a 2012 study by Iowa State University.

About Blumberg Grain

Blumberg Grain, a business unit of Blumberg Capital Partners, is based in Miami, Fla., with offices in New York City, Chicago, and Washington, D.C., and an affiliate research and development and engineering center in Des Moines, Iowa.

As part of its international growth strategy, Blumberg Grain will be developing manufacturing plants and export hubs in West Africa, the Middle East, North Africa, Central Asia, Southeast Asia and Eastern Europe.

For more information, please visit www.blumberggrain.com.

Blumberg Grain: Bringing Opportunities to Africa's Agriculture Market

Blumberg Grain, a division of Blumberg Capital Partners, was featured in an Africa Agribusiness Magazine article titled Blumberg Grain: Bringing Opportunities to Africa's Agriculture Market.  Blumberg Grain provides the most comprehensive state of the art storage units and management services for post harvest food safety and security.  An excerpt of the article follows:

Blumberg’s agricultural roots reach back to the 1800s, and to the 1900s, and today, they are proud to help entire nations to manage their food supply with greater safety and security.

Recently, Africa Agribusiness Magazine had the pleasure of speaking with Philip Blumberg, Founding Chairman and CEO, to discuss how their agriculture initiative,Blumberg Grain, can provide innovative solutions to Africa.

Blumberg provides countries with state of the art and comprehensive storage units for post harvest food safety and security.Mass produced in the United States, the lightweight, scalable warehouses use one-third the steel of conventional warehouses, making them the most cost effective storage facilities in today’s market. However, the simple design does not hinder the structures’ expected lifespans, which is estimated at 25-50 years.

Furthermore, each self-contained facility can be customized for farmers’ needs. “Despite their simple design, these warehouses are quite sophisticated. It’s what we can do inside that makes all the difference”.

By design, Blumberg warehouses can be divided for multiple products, and each areacan have its own sophisticated temperature, insulation and humidity controls. To operate the facilities, countries may choose from generator, solar or wind power. What’s more, Blumberg structures are designed to work best in rural areas, close to the farmers and their crops, so that harvested crops are stored as quickly as possible.

To read the full article, click here.

Philip Blumberg on CNBC Squawk Box 5/26/11

Investment in Real Estate is Investment in Commodities

Commodity pricing has a huge effect on commercial property prices and commodity prices help to drive up the price of office real estate, Philip Blumberg, founder and Chairman, Blumberg Capital Partners told CNBC. Western markets were also still oversupplied in terms of housing compared to emerging markets, he added.