Cargill to construct new canola processing facility in Regina
By Cargill, Inc.
In late April, Cargill announced plans to break ground on a new canola processing facility in Regina to support the growing global demand for canola products. The company expects to begin construction on the $350 million project, which will have a similar design to Cargill’s existing Camrose facility, in early 2022, with plans to be operational by early 2024. The company will also update and modernize its canola facilities in Camrose and Clavet over the next 12 months to increase volume and broaden capabilities at both locations.
The new, state-of-the-art facility is projected to have an annual production capacity of 1 million metric tonnes (MMT) and will provide a consistent and fast point of delivery for farmers and end users. Upon completion, the company expects the facility will add approximately 50 full-time positions.
The Regina, Camrose and Clavet projects build upon the company’s work to modernize and expand capacity across its North American oilseeds network. In March, Cargill announced a series of other projects across its U.S. soy processing facilities, valued at $475 million.
Cargill is a global leader in oilseed processing and currently operates two canola crush facilities in Camrose, Alta., and Clavet, Sask. In addition, Cargill offers a full suite of solutions for farmers across Western Canada – from grain marketing and advisory services to crop inputs and agronomic expertise. The company recently acquired Precision Ag, which operates four crop input retail sites in Saskatchewan.