REGINA — Saskatchewan’s pulse and special crops processing landscape is changing again, as Harvest Grain Ltd. announced last week it had acquired two existing facilities. The newly incorporated company already owned Bornhorst Seeds Ltd. at St. Gregor. On Nov. 12 a court approved Harvest Grain’s purchase of the former Global Food and Ingredients facility at […] Read more
Tag Archives pulse processing
Hollywood couple invests in Sask. pulse processor
James Cameron says investing in agricultural ventures that are environmentally friendly will help ensure a sustainable future
VANSCOY, Sask. — Academy award winning film director James Cameron made a stop in farming country this week to announce the opening of a new multimillion- dollar pulse processing plant at Vanscoy, Sask., about 20 minutes west of Saskatoon. The 160,000 tonnes fractionation facility will be part of Verdient Foods Inc., a business that was […] Read more
VIDEO: The beat goes on at pulse cleaning facility
TEMPEST, Alta. — One of the last wooden crib elevators built in Alberta has new life as a pulse cleaning facility for Viterra. The facility, which has been refurbished and expanded to handle pulse crops, began its new role in November 2015, but the official launch occurred June 27 at the Tempest rail siding about […] Read more
Food sector bright spot for AGT
The packaged food division was more than twice as profitable as the pulse and grain processing business
AGT Food and Ingredients posted record sales and profits last year, thanks in a large part to the non-traditional part of its business. The company generated adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $101 million on sales of $1.7 billion. The 16 percent increase in EBITDA was due largely to the strong […] Read more
Food ingredients work for AGT
AGT Food and Ingredients president credits turnaround to diversification
The move by a major pulse processor to diversify into the food ingredients business is paying off. Shares of AGT Food and Ingredients, the company formerly known as Alliance Grain Traders, were up 70 percent over a year ago as of early December. That is the best performance of the 11 North American food companies […] Read more
