CBH opens new SA office

CBH opens new SA office


Agribusiness
CBH general manager of marketing and trading Jason Craig.

CBH general manager of marketing and trading Jason Craig.

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CBH has opened its doors at a new location in Adelaide's CBD after closing its Melbourne office earlier this year.

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CBH has opened its doors at a new location in Adelaide's CBD after closing its Melbourne office earlier this year.

The office opened on Monday with five grain accumulation staff to be based at the office.

CBH general manager of marketing and trading Jason Craig said South Australia was a key component of Marketing and Trading's revenue and growth strategy.

He said by relocating the east coast accumulation function to Adelaide and centralising the east coast trading into the Perth office, CBH could improve efficiency and focus on its export business from South Australia and Victoria.

He said the move also allowed the company to be closer to its oats manufacturing business Blue Lake Milling, which has locations in Dimboola in Victoria's Wimmera region and Bordertown in SA.

"The relocation increases our focus on developing our grain export and financial product business in South Australia and Victoria, as well as supporting Blue Lake Milling, our oats manufacturing business that operates in these States," he said.

"There will be no change to our export focus, just a continued view for growth."

CBH bought the oat processor in June last year. It specialises in oat milling and produces rolled, quick and instant oats, as well as a range of niche cereal flakes, bran, flours and premixes.

It markets its products domestically, as well as throughout Asia in Japan, South Korea, Vietnam, India, China and Indonesia.

Like WA, SA exports the majority of grain, making it an attractive accumulation market for CBH.

Mr Craig said the move to open this new hub for all east coast accumulations has received positive feedback.

"South Australian growers and consultants have welcomed this change and are pleased to see CBH building resources locally," he said.

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