Ste. Agathe, Manitoba, Canada
July 28, 2009
Viterra Inc. today celebrated the grand opening of its
canola crush operation in Ste. Agathe, Manitoba. The company
acquired the assets of Associated Proteins LP (APLP) in June.
President and CEO Mayo Schmidt was joined by Viterra officials,
Ste. Agathe staff, government dignitaries, community officials
and industry representatives for the official ribbon cutting
ceremony held at 12:30 p.m.
“The possibilities are enormous. With the addition of our canola
processing operation in Ste. Agathe, we can further leverage our
value chain to meet the ever increasing demand for healthy oils.
The growing preference for canola among health-conscious
consumers, the applications in the bio-fuel sector and livestock
feed rations area all bode very well for producers, destination
customers and industry participants,” said Mayo Schmidt,
Viterra’s President and CEO.
“Our new employees at the Ste. Agathe plant come with a
successful track record. They take great pride in the
operation’s crush capacity and its high quality capabilities,
and have expressed their excitement in being part of
Viterra as we expand our national and international prominence
as a food ingredients supplier and processor.”
Viterra’s new facility has a crush capacity of 1,000 metric
tonnes per day. It is a scalable operation with future growth
and expansion opportunities to service the growing markets for
healthy vegetable oils that are low in trans fats and saturated
fats.
Viterra Inc. is Canada's leading agribusiness, with extensive
operations and distribution capabilities across Western Canada,
and with operations in the United States, Japan, Singapore and
Geneva. The Company is diversified into sales and services of
crop inputs and equipment, grain handling and marketing,
livestock feed, agri-food processing and financial products.
These operations are complemented by value-added businesses and
strategic alliances, which allow Viterra to leverage its pivotal
position between Prairie farmers and destination customers. The
Company’s common shares are listed on the Toronto Stock Exchange
under the symbol VT. |
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