Alberta Wheat Pool last week announced plans to build two new grain terminals, in Viking, Alta., and in the County of Lamont near Edmonton, at a combined cost of $19.2 million.
The Lamont high-volume concrete elevator near Star, Alta., about 20 kilometres northeast of Edmonton, will be on a CP line with access from highways 15, 45 and 831.
These will tie it to Cascadia Terminal, Alberta Pool’s joint-venture export facility in Vancouver, said a pool news release.
The $12.5 million facility is expected to be completed in late 1999. It will be able to load 112-car trains within 10 hours and will hold 25,000 tonnes of grain. Cleaning and drying equipment is included in the project.
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The $6.7 million facility in Viking will have 13,600 tonnes of capacity and is expected to be completed by summer 1999.
It will be located outside town limits on a CN Rail line, with access from highways 36 and 14, and secondary highway 619. It will have a 52-car spot and grain drying equipment.
Pickseed among best
Saskatoon newsroom
Pickseed Canada Inc. has been selected as one of the top 50 best managed privately owned companies in Canada.
The competition is sponsored by the Financial Post, CIBC, Arthur Anderson, Canadian Airlines and Le Groupe Mallette Maheu.
Pickseed produces and sells forage seed worldwide and corn in Canada.
The awards are based on management techniques, customer service, employee communications, strategic planning, financial stability, export success and the rate of growth in sales and profitability.
Hog barn raises equity
Saskatoon newsroom
An equity drive for a 600 sow farrow-to-finish hog barn near Eatonia, Sask., has raised $1 million.
Chesterfield Pig Investors Group Limited Partnership raised the money in March and April, said Bryan Somerville, president of Chesterfield Stock Farm Ltd.
The $1 million, in combination with $480,000 from Chesterfield Stock Farm, provides the equity input for the $4.7 million project. Prairie Centre Credit Union will provide the debt financing.
The Quadra Group of Outlook, Sask., is also involved in the project’s development.
The facility is expected to be built in about a year and will employ five full-time staff and produce 13,500 market hogs a year.
Agpro launches Boissevain project
Saskatoon newsroom
Construction on a high-capacity concrete terminal for Agpro Grain has begun at Boissevain, Man.
Lorne Keller, general manager for Agpro Manitoba, said the terminal is scheduled to open in spring 2000.
It will have 42,000 tonnes of storage including 22,000 tonnes of condominium space, plus grain cleaning facilities and rail car spots for 112 hoppers.
The Boissevain terminal is one of two facilities being built in Manitoba by Agpro, a wholly owned subsidiary of Saskatchewan Wheat Pool.
