Richardson invests in grain handling network
WINNIPEG, MAN. — Richardson International Ltd. said it will invest C$12 million ($10.8 million) to expand four of its Ag Business Centers in Saskatchewan and Manitoba, a move that will increase capacity on the front end of its grain-handling network. "This new project is the latest in a series of significant investments we have made to expand and improve our operations from grain sourcing through to canola oil processing," said Curt Vossen, president. The expansion plans include increasing grain storage capacity at facilities in Brandon, Man., and Swift Current, Sask.; upgrading rail car capacity at Crooked River, Sask.; and expanding fertilizer storage at Whitewood, Sask. In 2008, Richardson invested C$40 million to expand 16 of its facilities in Alberta, Saskatchewan, Manitoba and Ontario. Richardson International is a subsidiary of James Richardson & Sons, Ltd., the largest privately owned Canadian agribusiness.