CWB is building another new elevator, this one at Ste Adolphe, Man., about 30 kilometres south of Winnipeg.
The elevator will be a 34,000 tonne facility located a kilometre off Highway 75.
“The Red River Valley includes some of the most fertile, high-producing lands on the Prairies,” said CWB president Ian White.
“CWB is looking forward to putting down roots in the community with another modern, efficient and easily accessible elevator. We are excited to bring our world-class customer service and international brand to the area, while at the same time providing more choice to farmers.”
Read Also
Saskatchewan RM declines feedlot application, cites bylaws
Already facing some community pushback, a proposed 2,000-head cattle feedlot south of Swift Current, Sask., has been rejected for a municipal permit, partly over zoning concerns about the minimum distance from a residence.
CWB has amassed an impressive collection of grain handling assets over the past year.
Facilities now under the CWB banner include:
- Mission Terminal at Thunder Bay and its associated assets, purchased from Upper Lakes Group Inc. for an undisclosed amount
- Prairie West Terminal and its associated assets, purchased for $43 million
- Great Sandhills Terminal and its associated assets, purchased for $17.6 million
- elevators under construction at Colonsay, Sask., Bloom, Man., and Pasqua, Sask.
The facility at Ste. Adolphe is the fourth construction project that CWB has announced in the past year. It is scheduled to open in early 2016.
The geotechnical survey has been completed, and construction is scheduled to begin in mid-October.
The facility will feature a 134-car loop track and will have a loading rate of up to 1,600 tonnes per hour.
The elevator will have access to Canadian National Railway and BNSF Railway, providing CWB with rail access to its Thunder Bay terminal as well as to western ports and U.S. and Mexican destinations.
“As we continue to build a strong and integrated position in the grain handling supply chain, we create a stronger value proposition for farmers that choose CWB as their marketing partner, a partnership that includes an opportunity for an ongoing farmer ownership stake in CWB through our Farmer Equity Plan,” said White in a news release.
By law, the CWB must submit a commercialization plan to the federal agriculture minister by July 31, 2016. If the plan is approved, it must be executed by July 31, 2017.
