WINNIPEG, CANADA, May 20, 2014 (GLOBE NEWSWIRE) -- Richardson International Limited has increased canola crushing capacity at its processing plant in Yorkton, Saskatchewan by 25 per cent due to continued demand for Canadian canola and canola products.
Following a $30 million expansion project, Richardson's Yorkton plant began processing 3,000 tonnes of canola per day, an increase from 2,400 tonnes per day, on April 1. The facility now has the capacity to process more than one million tonnes of canola per year.
"Combined with strong origination capability through our Richardson Pioneer network across the Prairies, we are in an excellent position to keep up with ever-growing demand for canola oil," said Darwin Sobkow, Richardson's Executive Vice-President, Agribusiness Operations & Processing. "We opened our Yorkton facility just under four years ago and we have continued to re-invest to enhance our operations and improve service to our customers."
Richardson first opened its $170 million, state-of-the-art canola processing facility at Yorkton in June 2010. In addition to expanding crush capacity, the recent expansion project also included upgrades to the plant's truck receiving system. Richardson added a third truck receiving pit and now offers a fully automated delivery system to provide customers with quick and easy access for delivery of their canola.
"Canola is a true Canadian success story and we are committed to continuing to increase our presence in the market to meet growing demand for its products," said Sobkow.
Combined with its canola processing plant in Lethbridge, Alberta, Richardson now has the capacity to process approximately 1.5 million tonnes of canola each year. The company also continues to explore opportunities to increase canola crushing capacity at its Lethbridge plant.
Richardson International is Canada's largest agribusiness and recognized as a global leader in agriculture and food processing. Based in Winnipeg, 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 2,500 employees across Canada and the U.S.
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Source: Richardson International Limited