Toronto-based BroadGrain Commodities Inc. will spend $25 million to build a new bulk grain and export facility at CentrePort, Manitoba’s inland port.
To be constructed on a 29-acre site within CentrePort’s new rail park, the BroadGrain operation will include loading 150-car unit trains with Manitoba commodities such as wheat, canola, soybeans, corn and specialty crops. The facility will also include terminal storage, trans-loading and processing capacity.
“Supply chain management continues to play a vital role in our business, said Zaid Qadoumi, president and CEO, BroadGrain. “This investment will solidify our ongoing commitment not only to the Western Canadian farmer but also to our global consumers providing an alternative shipping method.”
BroadGrain is a major global marketer and handler of grains, oilseeds , by-products and specialty crops, with international offices in Europe, Asia, Africa and the Middle East. It will be the company’s flagship terminal in Western Canada.
For CentrePort, BroadGrain’s investment triggers the construction of Phase I of the new CentrePort Canada Rail Park. CentrePort is investing $2.4 million to build the lead tracks and switches off the Canadian Pacific Railway mainline, (CP Rail Carberry Subdivision), which will connect to BroadGrain’s dedicated tracks. These lead tracks and switches will be owned by CentrePort and will service additional projects as the rail park further develops. The new rail park is being built on 700 acres located just south of the CP mainline.
CentrePort Canada is strategically located at the hub of international trading corridors connecting to major markets across the globe.
Source: Syngenta