News
Grain storage in Estevan expanded by 12,000 tonnes

Dec. 22, 2011, Winnipeg, MB – Canada's largest privately owned agribusiness, Richardson International
Ltd., announced it will expand its grain handling facility in
Estevan, Sask.

The company is building an
additional 12,000 metric tonne storage facility with a full workhouse
and a brand new office to complement its existing Richardson Pioneer
elevator in Estevan, bringing total storage capacity at the facility to
more than 24 000 tonnes.

"We are
excited to invest in Estevan, a community in which we have a
long-standing presence and strong customer support," Darwin Sobkow,
vice-president, agribusiness operations, said in a statement.

"The
expansion project at Estevan will not only increase our storage
capacity, it will also allow us to achieve new efficiencies at this
facility for our business and our customers."

The Estevan expansion will increase shipping capacity to 50,000 bushels per hour and expand to a 112-car spot for shipping.

A
full cleaning line for wheat and canola will also be built at the new
facility, with construction to start in early 2012 and be complete by
the spring of 2013.

Richardson Pioneer's Estevan facility will remain fully operational throughout the expansion project.

"At
Richardson, we continue to invest in our network of grain handling and
crop input facilities across Western Canada to enhance our services to
customers here at home and meet the growing needs of customers around
the world," Sobkow said.

Thursday's
announcement is the latest in a series of investments Richardson has
made to expand and enhance its Richardson Pioneer network.

Construction
is currently underway on a 6,000-tonne fertilizer shed with a 200-tonne
per hour, state-of-the-art blending tower in Estevan, which was
announced in July as part of the company's $25-million investment to
build nine new fertilizer facilities across Western Canada.

Based
in Winnipeg, Richardson International has more than 1,700 employees
across Canada and is a worldwide handler and merchandiser of all major
Canadian-grown grains and oilseeds.