Canpotex, the marketing arm of PotashCorp., Mosaic and Agrium, plans to build a $55 million rail car maintenance facility by the second half of next year.
It will build the plant near Lanigan, Sask., about 135 kilometres from Saskatoon, with an eye to boosting the amount of potash the company can transport.
The announcement is the continuation of a project first announced in 1996 to build the world’s first potash-specific rail cars, which would allow for longer potash trains.
“This new facility will provide greater control over rail car maintenance, thereby enhancing the performance of our rail car fleet,” said Canpotex chief executive officer Steve Dechka.
Construction is expected to start in May.
