James Richardson International Limited

March 06, 2008 10:00 ET

JRI to Expand Facility at Hamilton, Ontario

Attention: Agriculture Editor, Business/Financial Editor, News Editor WINNIPEG, MANITOBA, MEDIA ADVISORY--(Marketwire - March 6, 2008) - After recently increasing the size of its operations by more than 50% through the acquisition of facilities previously owned by Agricore United, James Richardson International Limited ("JRI") has announced plans to expand its facility at Hamilton, Ontario.

The Hamilton, Ontario facility will see its operational capacity increase by nearly 55% through the addition of 15,000 metric tonnes of storage space. Once construction is complete, the facility will have a total storage capacity of 43,500 metric tonnes.

JRI's announcement of this project follows notices in February of expansions to seven of its Pioneer Grain facilities in Western Canada.

"The Hamilton facility is vital to our Eastern Canadian operations," says JRI President Curt Vossen. "Its strategic location allows us to source a variety of agricultural commodities from Eastern Canada and deliver grain to global destinations."

Vossen adds that the expansion of the Hamilton facility demonstrates JRI's ongoing commitment to investing in the Canadian agricultural industry. "We will continue to seek new opportunities for the growth of JRI's business while meeting the needs of our customers."

Construction at the Hamilton facility is underway and on schedule to be completed in July 2008.

About James Richardson International Limited

JRI, a subsidiary of James Richardson & Sons, Limited, is the largest privately-owned Canadian agribusiness. It handles all major grains, oilseeds, and special crops and sells crop inputs and related services through farm service centres throughout Canada. JRI, which has 1,300 employees, is also actively involved in food processing through its subsidiary Canbra Foods Ltd.
/For further information: Jean-Marc Ruest
Vice-President,
Corporate Affairs and General Counsel
Telephone: (204) 934-5488
Email: Jean-Marc.Ruest@jri.ca
/ IN: AGRICULTURE, ECONOMY

Contact Information

  • Jean-Marc Ruest, Vice-President, Corporate Affairs and General Counsel, James Richardson International Limited
    Primary Phone: 204-934-5488
    E-mail: jean-marc.ruest@jri.ca