Viterra Inc.

Viterra Inc.

April 03, 2014 11:13 ET

Viterra Continues Focus on Operational Excellence: Announces New Build in Saskatchewan

REGINA, SASKATCHEWAN--(Marketwired - April 3, 2014) - Viterra Inc. ("Viterra"), Canada's grain industry leader, is pleased to announce its intent to build a high throughput grain elevator at Kindersley, SK. The new facility will have a storage capacity of 34,000 metrics tonnes and a 108 railcar spot.

Kyle Jeworski, Viterra's President and CEO for North America said, "Viterra has a long history of serving farm customers in the Kindersley area, and we are pleased to build on this relationship through a new state of the art facility. This project supports our ongoing strategy to optimize our footprint, and ideally positions us to provide our customers with expert advice and the best marketing opportunities domestically and around the world."

Viterra is dedicated to operational excellence in Western Canada's grain handling system. Over the last several years, the company has proactively made a series of infrastructure investments in its asset network to promote the efficient movement of agricultural commodities. Most recently in Saskatchewan, Viterra announced it is spending over $20 million to upgrade four of its Saskatchewan grain terminals at White Star, Humboldt, Waldron and Ituna. It has also recently completed similar expansions at Gull Lake, SK and Fairlight, SK. In Alberta, Viterra has announced it is spending over $34 million through an expansion and upgrade to its facility in Grassy Lake, as well as building a high throughput terminal in Grimshaw.

About Viterra

Viterra is Canada's grain industry leader, supported by the expertise of its people, a superior network of assets, and unrivalled connections to world markets. Headquartered in Regina, Saskatchewan, our commitment to agriculture goes back nearly 100 years, partnering with farmers to market and move their crops to areas of need around the world. Our continued focus on operational excellence throughout North America allows us to efficiently handle, process, distribute and transport grains and oilseeds. We provide further value to our partners through a wide variety of contracting and risk management tools to help them realize the full potential of their crops. For more information on Viterra in North America, please visit www.viterra.com. Viterra is part of the Agricultural Business Segment of Glencore.

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