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Blue Chip Growth

Stock Report: () Report Updated: Nov 24, 2014 | Print This Page

Get more stock ratings by Louis Navellier

(WWAY)

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Company Profile

Westway Group, Inc., together with its subsidiaries, provides bulk liquid storage and related value-added services worldwide. The company provides bulk liquid storage services for a range of products, including molasses and liquid animal feed products; vegetable oils, tallows, and greases; lignin sulphonate, calcium chloride, and liquid fertilizers; petroleum, petro-chemicals, waxes, and petroleum oil; chemicals; caustics; methyl esters; and asphalts. Its value-added services include transloading and blending of bulk liquids, as well as distribution. The company operates a network of 25 terminals in North America, western Europe, and Asia offering approximately 363 million gallons of bulk liquid storage capacity to manufacturers and consumers of agricultural and industrial liquids. It also produces and sells liquid animal feed supplements, including complex liquid and block supplements; and less complex products that are utilized as ingredients in livestock feeds to enhance the appearance, preserve the product, improve the palatability, or act as a binding agent for other dry feed ingredients. Westway Group, Inc. offers liquid animal feed supplements to livestock feed operators, dry feed mills, distributors, dealers, and end users, such as ranchers and feed manufacturers primarily supplying the beef and dairy livestock industries in the United States, Canada, northern Mexico, and eastern Australia. The company was formerly known as Shermen WSC Acquisition Corp. and changed its name to Westway Group, Inc. in May 2009. Westway Group, Inc. is headquartered in New Orleans, Louisiana.

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