The wave of grain companies investing in new elevators in Western Canada rolls on…
Viterra announced Wednesday that construction is beginning this fall on a new high-throughput terminal at Wadena, Saskatchewan. The facility will have 34,000 metric tonnes of storage capacity and a loop track for loading up to 156 railcars.
“We’ve worked closely with farmers in Wadena and surrounding areas for many years, and we’re excited to be renewing our commitment to them through a new, world class grain facility that will meet their needs in today’s competitive operating environment,” said Kyle Jeworski, Viterra’s President and CEO for North America, in a news release. “By revitalizing our presence there, we will provide customers with convenient access to the superior service, marketing opportunities and advice that makes us an industry leader.”
It’s slated for completion in the fall of 2018.
Viterra has already opened three new elevators this summer — at Grimshaw, Alberta; Kindersley, Saskatchewan; and Ste. Agathe, Manitoba.
With new high-throughput concrete facilities coming online over the last few years, primary elevator capacity in Western Canada has returned to levels not seen since 1991-92, according to figures from the Canadian Grain Commission (read more here).