LeanGo-Development-Inc near Elrose SK (2640 Result(s))

CWB completes acquisition of Prairie West Terminal09/06/2014Winnipeg – CWB is pleased to announce that it has successfully completed the acquisition of Prairie West Terminal Ltd (PWT). The transaction completion follows a May 30 meeting where Prairie West Terminal shareholders voted 99.5% in favour of the transaction. 'CWB's acquisition of Prairie West Terminal is another key step in CWB's strategy to create a network of assets across Western Canada and we are extremely happy with the confidence that Prairie West shareholders have placed in CWB,' said CWB president and CEO Ian White. 'We have always valued farmers, and the solid support we've received through this vote tells us farmers and the community like the direction CWB is headed.'PWT facilities included in the acquisition include 'The Concrete' (located between the communities of Dodsland and Plenty), Kindersley, Plenty, Luseland and Dodsland. Together, the facilities include over 78,000 mT of storage, a high capacity grain cleaning line, high throughput dryer, colour sorters and high throughput rail loading.

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