Richardson International Limited

Richardson International Limited

July 05, 2011 11:57 ET

Richardson Invests $25 Million to Enhance Western Canadian Facilities

WINNIPEG, MANITOBA--(Marketwire - July 5, 2011) - Richardson International Limited is investing $25 million to enhance its Richardson Pioneer network of grain handling and crop input facilities across Western Canada.

"This is the latest in a series of significant investments we have made to expand and improve our operations across the country," says Darwin Sobkow, Vice-President, Agribusiness Operations. "At Richardson, we are committed to growing our network and enhancing our facilities and services to meet the growing requirements of our customers."

Richardson's latest investment includes building nine new fertilizer projects across Western Canada and adding increased grain storage at Weyburn, Saskatchewan. All of the new facilities and enhancements are expected to be complete by December 2011.

Richardson is building a 20,000-tonne fertilizer storage shed with rail receiving at its Dunvegan facility in Rycroft, Alberta. With a 200-tonne per hour blending capability and 300-tonne per hour distribution rate, it will be a distribution centre for Richardson's three other Peace River sites.

Richardson is building a 6,000-tonne fertilizer shed with a 200-tonne per hour, state-of-the-art blending tower in Estevan. In Weyburn, Richardson is adding 14,000 tonnes of grain storage and a 200-tonne per hour blending tower. In Nobleford, Alberta, Richardson is building a new chemical warehouse, new office and adding a 200-tonne per hour fertilizer blender.

New high-speed blending towers with 200-tonne per hour blending capability will also be added to Richardson Pioneer locations in Yorkton and Strasbourg, Saskatchewan, Grand Plains (Grandview), Manitoba and Lamont, Westmor (Morinville) and Wheatland (Strathmore), Alberta.

"While every year presents its challenges, as we've seen this year with excess moisture in some key growing areas, we continue to enhance our business to improve efficiency and meet the needs of our customers today and into the future," says Sobkow.

Richardson International is Canada's largest, privately owned agribusiness and has served farmers across the country for more than 150 years. Based in Winnipeg, Richardson has over 1,600 employees across Canada and is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds. Richardson is one of Canada's 50 Best Managed Companies and is recognized as a global leader in agriculture and food processing.

Contact Information

  • Richardson International Limited
    Tracey Thompson
    Director, Corporate Communications
    (204) 934-5169 or (204) 799-2838 (cell)
    Tracey.Thompson@Richardson.ca