Richardson International Limited

Richardson International Limited

February 08, 2010 10:15 ET

Richardson International Announces Acquisition of Crop Input Centre

Attention: Agriculture Editor, Business/Financial Editor, Media Editor, News Editor WINNIPEG, MANITOBA, MEDIA ADVISORY--(Marketwire - Feb. 8, 2010) - Richardson International Limited ("Richardson") is pleased to announce that it has completed the acquisition of Total Ag Ltd.'s crop input facility at Falher in the Peace River region of Alberta. The facility will further expand the Richardson Pioneer network of Ag Business Centres in Western Canada giving area producers access to fully-integrated operations and services.

Richardson's Falher facility offers producers a wide range of crop input sales and services, including high-quality seed, top name crop protection products and specially-blended fertilizers, in addition to timely agronomic advice.

"The Falher facility is an excellent complement to Richardson's growing crop inputs network," says Darwin Sobkow, Richardson's Vice-President, Agribusiness Operations. "By serving as an extension of the products and services we currently provide through our Dunvegan Ag Business Centre in Rycroft, Alberta, the new facility enhances our ability to do business with producers in this highly productive agriculture region."

Kimber Mader who was the previous owner-operator will continue to manage operations at Richardson's Falher crop service centre. To ensure consistency of service and the continuation of locally-maintained customer relationships, the company is committed to employing current staff.

"Area customers can be assured that they will continue to receive the same quality of service and products that they have grown to expect from the people that they know and trust," says Sobkow. "At the same time, our interest and involvement in the Falher facility ensures their access to all the benefits and opportunities of working with a company that is investing locally."

About Richardson International Limited
Employing over 1,600 people across Canada, Richardson is a world-wide handler and merchandiser of all major Canadian-grown grains and oilseeds. Through its Ag Business Centres, the Company sells crop inputs and related services to producers throughout Western Canada. With a canola processing plant in Lethbridge, Alberta, and a second plant soon to be opened in Yorkton, Saskatchewan, Richardson is one of North America's largest suppliers of canola oil and meal. In all areas of its business, Richardson continues to provide high quality products and superior service to its customers.
IN: AGRICULTURE, ECONOMY, FINANCE

Contact Information