(Savage/Globe Newswire) Savage, a global industry infrastructure and supply chain services company, in business for 75 years, announced today the formation of a team to lead the buildout of renewable energy assets and services. The Company is already engaged with partners on multiple renewable fuel projects to purchase, source and deliver feedstock to refineries; provide engineering and construction of terminals and other assets; and evaluate ways to drive out inefficiencies and increase value across Customers’ supply chains.
“We’ve seen a dramatic increase in demand for our team’s expertise and experience across our three verticals agriculture merchandising and logistics, energy and chemical infrastructure, and environmental services to develop renewable energy projects,” said Kirk Aubry, Savage president and CEO. “Our team has proven we can reduce inefficiencies in renewable fuels markets and create significant value for producers and consumers.”
Union Pacific and Savage are collaborating on Idaho’s first intermodal rail terminal.
David C. Lester
The
Savage Railport – Southern Idaho will benefit Idaho farmers and families by improving the economics of exporting containerized hay and other agricultural commodities, providing faster access to Asia and other world markets. Savage has entered into an agreement with
Union Pacific Railroad to construct and operate the terminal at Union Pacific’s rail yard in Pocatello, Idaho. The terminal is expected to be operational by mid-year 2021.
“Idaho’s agricultural and business communities need dependable transportation to get product into global markets,” said Idaho Governor Brad Little. “Transportation infrastructure projects like this rail terminal in Pocatello can create opportunities for Idaho businesses to grow and can help support export prospects for more agriculture producers.”
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