Saskatchewan Wheat Pool Inc.

Saskatchewan Wheat Pool Inc.
Can-Oat Milling Inc.

Can-Oat Milling Inc.

March 20, 2007 13:00 ET

Can-Oat Milling Completes Expansion of Portage la Prairie Facility

PORTAGE LA PRAIRIE, MANITOBA--(CCNMatthews - March 20, 2007) - Can-Oat Milling Inc., a wholly owned subsidiary of Saskatchewan Wheat Pool Inc. (TSX:SWP), today announced the completion of the expansion to its facility located in Portage la Prairie, Manitoba.

With the expansion complete, the facility expects to process an additional 50,000 metric tonnes of oats, bringing its total milling capacity to over 380,000 metric tonnes per year. The expansion includes the addition of primary processing capacity, flaking capacity, on-site storage, and in-house workspace.

Karl Gerrand, President of Can-Oat Milling said, "We are extremely pleased to complete this expansion. With the additional processing capacity, we are in a great position to respond to increasing customer and industry demands."

Can-Oat, the largest industrial oat processor in the world, operates three state-of-the-art oat milling facilities in Portage la Prairie, Manitoba, Martensville, Saskatchewan and Barrhead, Alberta. The company is a leading supplier of primary and finished food ingredients, including a full range of oat-based products like old fashioned flakes; quick cooking oats; baby oat flakes; oat bran; oat flour; whole oat groats and steelcut oat groats.

Can-Oat Milling Inc., the general partner of Can-Oat Milling Limited Partnership, is wholly owned by Saskatchewan Wheat Pool Inc., a publicly traded agribusiness headquartered in Regina, Saskatchewan. Anchored by Prairie-wide grain handling and agri-products marketing network, the Pool channels Prairie production to end-use markets in North America and around the world. These operations are complemented by agri-food processing and strategic alliances that allow the Pool to leverage its pivotal position between Prairie farmers and destination customers.

Contact Information

  • Can-Oat Milling Inc.
    Karl Gerrand
    (204) 856-5900