AgPro Grain, owned by Saskatchewan Wheat Pool, has had a busy summer working on four grain terminals in Alberta.
AgPro said in a news release last week it was midway through a concrete pour for its facility at Lavoy, Alta. Concrete work at Trochu, Wilson Siding (Lethbridge) and Killam were all completed this summer.
The crop input warehouse and fertilizer facility at Lavoy are complete and the whole operation is expected to be open by spring 1999.
The Lavoy facility has storage for 42,000 tonnes of grain, the capability to clean grain to export standards and a rail siding that can accommodate 104 cars on four tracks.
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It is located at the northwest corner of the junction of Highway 16 and Highway 36.
AgPro will also build facilities at Vulcan and Crossfield, Alta., as part of its $270-million, 22-elevator building program.
New line for RaiLink
Camrose bureau
The Alberta-based rail company, RaiLink, has purchased another 434 kilometres of rail line from CN Rail.
The line is from St. Paul Junction, just north of Edmonton, to Boyle and northeast to Grande Centre and Elk Point. It connects to RaiLink’s Lakeland and Waterways lines that serve the northeastern Alberta oilfield community of Fort McMurray.
The line handles about 11,000 carloads of forest products, grain and chemical industries, said RaiLink president Gordon Clanachan.
The company expects to generate about $4.5 million a year from the new line. RaiLink now operates more than 3,220 km of track in Canada.
Storage protection
Saskatoon newsroom
Hedley Technologies and the Agriculture Canada cereal research centre at Winnipeg are working together to research grain protection in storage.
Hedley’s diatomaceous earth product, Protect-It, will undergo field tests at the Agriculture Canada research farm at Glenlea, Man., to determine how well it protects barley from insect damage after harvest, the company said in a news release.
Protect-It is an alternative to chemicals such as methyl bromide, aluminum phosphide and malathion.
New GM for pig firm
Regina bureau
Glen Snyder, previously of Red Deer, Alta., has been appointed general manager of Dalland Value Added Pork at Kipling, Sask.
Snyder replaced Brian Tennant, who resigned, according to a news release.
Dalland VAP is a joint partnership between CVZ International of the Netherlands and a Canadian VAP group. The company ships swine genetics throughout North America and to Mexico, Brazil and China.
Machinery maker growing
Saskatoon newsroom
Ag Growth Industries Inc. of Swift Current, Sask., says net income for the first quarter of 1998-99, more than doubled compared to the same period last year.
The farm equipment maker posted net income of $103,504, compared to $34,150 for the three months ending June 30, 1997, the company said in a news release.
Revenues grew 81 percent to $1.35 million. This result represents the 21st consecutive quarter of revenue increases over the same quarter the previous year.
“The first quarter has historically been targeted as a break-even quarter as the company builds inventory for the strong sales season that presents itself in the late summer and early fall,” said Rob Stenson, Ag Growth president, in the news release.
Basic earnings per share rose to 1.8 cents, compared to 1.7 cents per share in the first quarter last year. Fully diluted earnings were constant at 1.7 cents per share.
