Making more room
Cargill AgHorizons is doubling storage capacity at its four-year-old Clavet, Sask., inland terminal.
The multimillion-dollar expansion will see 17 bins added, pushing capacity to 42,000 tonnes, an increase of 20,900 tonnes.
Construction is expected to be complete by the end of the year.
Bryce Eger, farm service group manager at Clavet, said the expansion will help the facility better serve its customers.
“Whether it be through identity preservation or some combination of operational efficiencies, we are moving forward with our growth strategy to be able to better partner with growers in meeting the ever changing demands of the international marketplace,” he said in a news release.
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Aussies buy pulse facility
The J.K. Group of Australia has bought Byers Processing pulse facility in Buchanan, Sask.
The company will operate under the new name J.K. Milling Canada Ltd.
The J.K. Group is one of the world’s largest shippers of edible pulses and has holdings in processing, value added and storage in Australia and India.
Ryan Byers will run the plant and Bryan Dagenais has been hired to manage logistics, grain buying and relationships with suppliers.
First time profit
Fytokem has recorded its first ever annual profit in its 10 years of operation.
In its financial report for the year concluding Dec. 31, 2004, the company had net income of $28,295 compared to a loss of $141,660 the previous year. Revenue was $933,916, down 5.5 percent from the previous year.
Product sales fell 2.6 percent to $562,694 and revenue from government assistance fell 88 percent to $5,689.
The company reduced expenses by 25 percent.
Saskatoon-based Fytokem makes personal care and nutraceutical products from western Canadian plants such as willowherb.
