South Dakota-based biofuels producer POET has signed a purchase agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia.

The Port of Savannah, one of the highest volume container ports in the U.S., has geographic synergy with several of POET’s key global markets for its animal feed products, including Dakota Gold dried distillers grains and its corn fermented protein product, NexPRO.

In addition to producing 3 billion gallons of bioethanol, 14 billion pounds of distillers grains, and 975 million pounds of corn oil per year, POET is currently the 36th-largest container shipper, exporting to more than 20 countries around the world.