REGINA, SASKATCHEWAN, CANADA – Viterra Inc. opened its new high throughput grain facility at Vegreville, Alberta, Canada on March 14. Viterra customers, employees and government officials attended the grand opening.
"We're pleased to be expanding our presence in this area of the province through this state-of-the-art addition to our asset network," said Dean McQueen, Viterra's vice-president, Merchandising and Transportation, in his remarks to the audience. "As an industry leader, we've invested millions of dollars in Alberta over the last few years to support our focus on operational excellence and provide our farm customers with exceptional service."
The facility has a storage capacity of 34,000 tonnes and is capable of loading up to 126 railcars through a loop track.
"This is a fast, modern and efficient facility that will ensure we're well-positioned to connect our customers to global markets today and well into the future," said McQueen. "Further, we're pleased to positively impact our rural communities with milestone projects like this one through employment opportunities and other economic benefits."
The Vegreville facility is Viterra’s most recent expansion this year. In February, the company signed a purchase agreement to acquire General Mills' 50% ownership stake in a grain facility located at Northgate, North Dakota, U.S. Previously, Viterra held a 50% stake through a joint venture agreement with General Mills.
According to Sosland Publishing Company’s 2019 Grain & Milling Annual, Viterra has 84 grain storage facilities and a total licensed grain storage capacity of 118.1 million tonnes. Its storage capacity ranks 12th among North American grain companies.
Headquartered in Regina, Saskatchewan, Canada, Viterra’s commitment to agriculture goes back over 100 years, partnering with farmers to market and move crops around the world. The company continues to focus on operational excellence throughout North America and efficiently handle, process, distribute and transport grains and oilseeds. Viterra is part of Glencore Agriculture, a company in originating, handling, processing and marketing agricultural commodities.