The investment in Western Canada’s grain sector continues to grow.
G3 Canada recently announced another new elevator, this time in Morinville. The news came just two months after the company announced plans to build an elevator near Carmangay. Construction on that elevator is underway as well as at a third G3 facility at Wetaskiwin. The company has already opened two elevators in Saskatchewan and has another one under construction. As well, it is building a new export terminal in Vancouver, due to open in 2020.
The company is owned by the Saudi Agricultural and Livestock Investment Co. and Bunge.
Like its sister facilities, the elevator just west of Morinville “is designed for speed and efficiency,” the company said.
“It will be able to unload trucks in less than five minutes,” said the company. “It will load 150-car trains under continuous motion on a loop-track system.”
Construction will begin shortly and is expected to be completed in 2020, G3 said.
Meanwhile, CP Rail has unveiled its first set of new high-efficiency grain cars, which carry 10 per cent more grain by weight and 15 per cent more volume than old-style hoppers. CP said 500 of the new hoppers were to be in service by the end of 2018, with another 500 by spring. Over the next four years, CP plans to purchase a total of 5,900 new hopper cars.