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Richardson to acquire Great Northern Grain facility
Richardson International has entered into an agreement to purchase Great Northern Grain’s grain handling and crop input retail facility in Nampa, Alberta.
Darwin Sobkow, vice president, agribusiness operations for Richardson, said: “We are excited to add the Nampa facility to our Richardson Pioneer network,” “Since 2007, Richardson has invested over $80m in the Peace River region and we are committed to continuing to invest in this area to meet the growing needs of producers.”
The Nampa grain facility currently has 17,300 metric tonnes of storage capacity, a full cleaning line for wheat and canola and a 52-car spot on the CN rail line. The facility also has an 8,400 sqft crop protection and seed warehouse for retailing crop input products.
This spring, Richardson will add an additional 14,000 tonnes of grain storage and increase the facility’s rail car spot to handle 104-car unit trains. The company will also add fertiliser storage and a 200 tonne per hour blending system. These improvements, which will increase grain handling efficiencies and offer retail fertiliser services, are expected to be complete by autumn.
The Nampa acquisition is Richardson’s fourth acquisition in the Peace River region in the last two years, which includes the purchase of crop input centres in Falher, Fairview and Manning in 2010. Richardson is also nearing completion of a 20,000 tonne fertiliser storage shed with rail receiving at its Dunvegan facility in Rycroft, Alberta (US).
Source: Richardson International
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