The Canadian Wheat Board (CWB) has acquired Great Sandhills Terminal Ltd. (GST) after an August 18 GST shareholders’ meeting where 100 percent of all votes cast were in favour of the deal.
The acquisition of Great Sandhills Terminal includes a 23,400 tonne capacity high-throughput grain handling facility near Leader, Saskatchewan and a majority stake in Great Sandhills Railway – a shortline railway operating 197 kilometers of track between Swift Current and Burstall, Saskatchewan.
CWB president and CEO, Ian White, said the addition of another large-capacity grain terminal strengthens their presence in western Saskatchewan and officially puts them in the short-line railway business.
“All tonnes delivered to any of our facilities or through our grain-handling partners continue to be eligible for an equity interest in CWB under CWB’s Farmer Equity Plan,” White said.
You can learn more about CWB’s plans at www.cwb.ca/future .
