Staff / Canada’s second-biggest grain handler has made another play to expand its handle in northwestern Alberta’s Peace region, this time buying from an independent player.
Richardson International announced Wednesday it will buy the Great Northern Grain terminal and crop input business at Nampa, Alta., about 26 km south of Peace River, for an undisclosed sum.
Edmonton-based Great Northern Grain, which also operates producer car loading services plus a smaller grain terminal at Killam, Alta., recently finished an expansion at Nampa, adding 2,500 tonnes of storage capacity, a new grain-cleaning building and new cleaning equipment.
Richardson also pledged to start work this spring on an additional expansion at Nampa, boosting the terminal’s storage capacity by 14,000 tonnes and increasing the rail car spot to handle 104-car-unit trains.
It will also add retail fertilizer services.
Richardson noted this deal marks its fourth acquisition in the Peace in the last two years, including the purchase of crop input centres at Falher, Fairview and Manning in 2010 and near-complete construction of a 20,000-tonne fertilizer storage shed with rail receiving at its Dunvegan facility at Rycroft.