industry agriculture founded as grain elevators board 1917 headquarters 175 liverpool street sydney australia key people don taylor chairman mark palmquist managing director ceo services grain handling and marketing website http www.graincorp.com.au graincorp limited is a public company listed on the australian securities exchange asx in australia . the company s core business is the receival and storage of grain and related commodities . it also provides logistics and markets these commodities . as of 2015 update the company s chief executive is mark palmquist and its chairman don taylor . 1 the company was founded as a new south wales public sector agency government grain elevator later the grain elevators board in 1917 . it was formed to transport grain from local collection points located on railways throughout the grain producing regions of new south wales . it was later known as the grain handling authority . it was privatised in 1992 with a majority of shares being transferred to grain growers and listed on asx in 1998 . graincorp s operations have subsequently extended into other australian states by amalgamations with other grain handling operations . the company operates an extensive network of rail linked storages across south east australia as well as seven strategically located export terminals in brisbane gladstone mackay newcastle port kembla geelong and portland victoria . in november 2009 graincorp expanded into north america through the purchase of the united malt holdings group of companies . 2 in july 2011 graincorp agreed to buy maltster germanmalt gmbh & co for 77 million extending its reach into europe . 3 as of 2012 update the company was receiving acquisition bids from archer daniels midland . 1 in april 2013 the archer daniels midland bid was considered by the graincorp board . 4 5 the bid was disallowed by federal treasurer joe hockey on the 29th of november 2013 citing that it would not be in our national interest . 6 graincorp operates a fleet of 18 48 class locomotives in eastern australia . references edit a b caroline henshaw ; ian berry 20 december 2012 adm graincorp ceos square off the wall street journal print format requires url help p. b2 cite uses deprecated parameter coauthors help united malt holdings how one private equity firm beat the odds . business week nov 13 2009 graincorp buys germanmalt for 77m . fairfax media . 25 july 2011 . retrieved 19 september 2012 . brad thompson the west business page 3 27 28 april graincorp finally falls to us based multinational http www.theaustralian.com.au business companies accc to probe 34bn foreign graincorp sale story fn91v9q3 1226630331754 or paper version p. 21 accc to probe 3.4 bn foreign graincorp sale graincorp takeover by us company archer daniels midland rejected by federal government . abc news . 29 november 2013 . retrieved 29 november 2013 . retrieved from https en.wikipedia.org w index.php title graincorp & oldid 710654565 categories agriculture companies of australiacompanies based in sydneycompanies listed on the australian securities exchangegrain industry of australiafreight railway companies of australiahidden categories pages containing cite templates with deprecated parameterspages using citations with format and no urlarticles containing potentially dated statements from 2015all articles containing potentially dated statementsarticles containing potentially dated statements from 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 18 march 2016 at 06 33 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view