TORONTO, Aug. 19, 2015 /CNW/ - Ceres Global Ag Corp. ("Ceres" or the "Company") (TSX: CRP) today announced that after 41 years of working in the grain and processing business, Craig Reiners, the Company's Senior Vice President – Grain, has elected to retire effective September 1, 2015.
During his career, Reiners has held management positions in several companies. He worked at Cargill for 26 years in multiple business units. He served as President and COO of Cargill's malting business for 10 years. Thereafter, he served three years as Vice President of Sales for ConAgra's Specialty Food Ingredients business. He managed commodity price risk at SABMiller and Miller Coors for six years, which included aluminum, grains and energy.
"On behalf of Ceres, we wish Craig and his family all the best in the years to come," said Ceres chief executive officer Patrick Bracken. "We are grateful for his continued service, which has helped Ceres become a stronger company."
About Ceres Global Ag Corp. (ceresglobalagcorp.com)
Ceres Global Ag Corp. is a Toronto-based company focused on two primary businesses: a Grain Storage, Handling and Merchandising unit, anchored by its 100% ownership of Riverland Ag Corp., and a Commodity Logistics unit, containing its 25% interest in Stewart Southern Railway Inc. and its development of the Northgate, SK Commodity Logistics Centre. Riverland Ag Corp. is a collection of nine (9) grain storage and handling assets in Minnesota, New York, and Ontario having aggregate storage capacity of approximately 47 million bushels as at March 31, 2015. Riverland Ag also manages two (2) facilities in Wyoming on behalf of its customer-owner. Stewart Southern Railway Inc. is a short-line railway with a range of 130 kilometres that operates in South-eastern Saskatchewan. The Northgate Commodities Logistics Centre is a state-of-the art grain, oil and oilfield supplies transloading site being developed in conjunction with Riverland Ag and several potential energy company partners, connected to BNSF Railway.
SOURCE Ceres Global Ag Corp.
For further information: Adam Peeler, NATIONAL Equicom, (416) 815-0700 ext. 225, [email protected]