GrainCorp : opens upgraded Tocumwal site as part of Project Regeneration

 MEDIA RELEASE

4 November 2016

GrainCorp opens upgraded Tocumwal site as part of Project Regeneration

GrainCorp has officially unveiled its upgrades to the Tocumwal site as part of Project Regeneration. The site was relaunched at a grower meeting on Thursday at the site.

As part of the $3 million upgrade, the rail siding was extended from a 10-wagon 150m siding to a full 40- wagon unit train (640m) siding. The traffic flow of the site was also substantially redesigned - improving turnaround times. Additionally, the new rail facilities allow a train to be loaded with no shunting when using distributed power1.

Victorian Regional Manager Peter Johnston said: "We are excited to have the site operational in time for harvest. We are expecting a larger than normal harvest in the region so the new, more efficient site is great news for growers.

"Tocumwal's cycle time of 36 hours makes it especially attractive as a site to source grain, so we would expect site prices to be especially competitive.

"We would like to thank Berrigan Shire and our contactors for their support and hard work to complete the works before harvest," Mr Johnston said.

Tocumwal is a 120,000 tonne capacity site in New South Wales, but is part of the Victorian rail network.

The Tocumwal site upgrade is part of GrainCorp's Project Regeneration initiative that involves developing a network of 50+ high capacity, export-focussed country sites to improve rail efficiency, reduce supply chain costs and reduce the number of heavy vehicle movements.

For more information, please visit graincorp.com.au.

FURTHER INFORMATION

MEDIA:

Luke O'Donnell

Corporate Communications Manager

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1 Locomotive at the front & rear of the train.

GrainCorp Limited (ASX:GNC)

Level 28, 175 Liverpool Street

Sydney NSW 2000

T 02 9325 9100

F 02 9325 9180

ABN 60 057 186 035 graincorp.com.au