|By Marketwired .||
|June 11, 2014 02:45 PM EDT||
SASKATOON, SASKATCHEWAN -- (Marketwired) -- 06/11/14 -- Viterra Inc. ("Viterra"), Canada's grain industry leader, today commemorated the 100th anniversary of its grain facility in Saskatoon at an event with employees, customers and government officials.
In his remarks to the audience, Kyle Jeworski, Viterra's President and CEO for North America said, "This facility is a testament to the history of agriculture in Saskatchewan, and symbolic of its success in serving local farmers for the last one hundred years. Viterra is proud to have this high performing facility in its asset network, and has been active in making ongoing investments to ensure it meet the needs of our customers and remains a Prairie landmark."
The facility was originally built in 1914 and operated as a Canadian Government Grain Elevator until 1979 when it was sold to the Northern Sales Company Ltd. It was purchased by Viterra in 1990. Today, the facility has a licensed storage capacity of 156,670 metric tonnes and is serviced by CN and CP with a rail capacity of up to 134 cars, making it one of Viterra's major terminals in its asset network.
Over the last several years, Viterra has made significant investments in the facility to modernize it, including new roadwork and improved dust and noise control systems. Other enhancements include upgrades to the facility's shipping spouts, cleaners, dryers, electrical and mechanical systems. The terminal was also the first Viterra site to have a colour sorter installed in it. These measures have ensured that the elevator meets the highest standards and continues to have a positive impact for the community and local customers.
Investments like these are part of Viterra's overall commitment 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.
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.