Richardson International Limited is announcing a significant investment in theircanola crush plant in Yorkton, Saskatchewan. In addition to doubling its processing capacity to 2.2 million metric tonnes,the project will optimize operational efficiencies and modernize the facility to meet an ever-growing global demand for canola oil and canola meal products.
When completed, the Yorkton facility will include a high-speed shipping system with three9,500-foot loop tracks, complementing infrastructure currently in place. It will be served by both major railways and will be dedicated to moving canola crush products at some of the most efficient levels seen in North America.
Additional facility upgrades and improvements will effectively double processingcapacity in excess of 2.2 million metric tonnesof seed. The site will also boast three high-speed receiving lanes, providing producers and trucking partners a fast and effective means for seed delivery.
As a significant supplier to the global canolamarket, Richardson has been focused on improved operational efficiencies,modernization, and automation. With $120 million recentlyinvested in their Lethbridge, Alberta crush plant, this latest investment in Yorkton will provide additional opportunities to producers to market their oilseed crop.
“The global outlook for Canadian canola oil is promising, and this latest investment emphasizes our ongoing commitment to best in class facilities,” said Darrell Sobkow (Senior Vice-President, Processing, Food, and Ingredients).“Yorkton lies right in the heart of canola country and we are focused on providing our producercustomerswith increasingly efficient means for meeting the needs of a growing global consumptive market.”
Construction will begin immediately with no disruption to current operations and is expected to be completed in early 2024. During the construction phase, there will be significant opportunities for employment within the area and upon completion, the company expects toadd full-time positions to the plant.
“This state-of-the-artfacility represents a good news story for all industryparticipants –for our producer customers and end-use buyers across North America and abroad,” said Keith Belitski (Director, Operations, Yorkton). “Aconstruction project of this magnitude will be significant, economically, to the province of Saskatchewan, the cityof Yorkton, and surrounding areas.”
About Richardson International
Richardson International Limited is Canada’s largest agribusiness and is recognized as a global leader in agriculture and food processing. Richardson is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds and a vertically-integrated processor and manufacturer of oats and canola-based products. One of Canada’s Best Managed Companies, Richardson has over 2,900 employees across Canada, the U.S., and the U.K