Richardson International has completed a $140 million expansion at its grain export terminal in North Vancouver.
The Winnipeg based grain handler announced today that the project — which began in the fall of 2013 — was completed on time and on budget.
The expansion adds 80,000 tonnes of storage capacity at the facility and boosts total storage to 178,000 tonnes.
The project also included improvements to the terminal’s rail yard and receiving system.
Enhanced storage and improved throughput efficiency will enable the facility to handle more than six million tonnes of grain and oilseeds annually, the company said in a corporate news release.
“Our Vancouver expansion was a significant investment in our business to ensure we have the appropriate capacity on the West Coast,” said Curt Vossen, president and chief executive officer of Richardson International.
“As Canada’s leading agribusiness, we have positioned ourselves globally to efficiently move Canadian grains and oilseeds to emerging markets in Asia-Pacific and other areas, further enhancing our ability to serve our farm customers at home and international buyers around the world.”
Richardson said the multi-year project was completed without disrupting west coast export programs.
During the expansion, the company managed to set rail and shipping records at the facility.
The Richardson terminal typically ships about three million tonnes of grain each year, but in 2015, it set a new handling record of 5.2 million tonnes.
“For us to complete this project on time and on budget … (while) continuing daily operations (and) … setting new shipping and receiving records, is an outstanding accomplishment,” said Darwin Sobkow, Richardson’s executive vice-president of agribusiness operations and processing.
“Our Vancouver project has been a tremendous success story from start to finish, and that speaks volumes about the commitment and dedication of our team.”