G3 Canada Limited is building a second new state-of-the-art elevator in the province.
G3 Carmangay will be built southwest of the southern Alberta community, on the east side of Highway No. 23 on the CP Rail line. It will have a capacity of 42,000 tonnes, be able to empty a Super-B truck in under five minutes, and will have a loop track that allows a 134-car unit train to be loaded in a matter of hours.
“We’re looking forward to being part of the community in and around Vulcan County, and showing farmers how our industry-leading speed and efficiency can benefit their business,” G3 CEO Don Chapman said in a release.
Construction will begin shortly and is expected to be complete in 2020, when G3’s new grain export terminal in Vancouver also becomes operational, the company said.
G3 recently opened two new elevators in Saskatchewan and has two more under construction in Wetaskiwin and Maidstone, Sask.
The company is jointly owned by the Saudi Agricultural and Livestock Investment Co. (SALIC) and Bunge. In August, Saudi Arabia lashed out after Foreign Affairs Minister Chrystia Freeland tweeted the conservative Saudi government should release a jailed women’s rights activist. Among other sanctions, the Saudis said they would no longer buy Canadian grain. However, G3 has said it will not reduce its purchases of Canadian crops, which it will sell to non-Saudi buyers.
Earlier this year, a company official said G3 plans to build several elevators in the province. These facilities and their Prairie counterparts will feed the new G3 Terminal Vancouver, which is slated to open in 2020. The port elevator is the first new grain terminal built in the Port of Vancouver since the 1960s. It will be capable of holding three 134-car trains and have more than 180,000 tonnes of storage.