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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.
There's more than meets the eye when it comes to banking at Prairie Centre Credit Union. We invite you to explore this section to learn more about us and our way of doing business.
NAL Resources Management Limited (the 'Manager') was established in 1990 and provides management services to NAL Resources Limited ('NAL Resources'), a private oil and gas company. The Manager previously provided management services to NAL Energy Corporation (TSX:NAE), which was managed by the Manager since 1996 and was acquired by Pengrowth Energy Corporation effective May 31, 2012. NAL Resources continues to own and operate over 18,000 boe per day of production in its core areas of southeastern and southwestern Saskatchewan, and central and northwestern Alberta. NAL Resources remains focused on its strategy of growing through the drill bit, and through corporate and property acquisitions, while also managing investments funds on behalf of third parties. With more than 250 dedicated team members working in Western Canada, NAL Resources brings expertise in all areas of finding, development and the management of oil and gas assets.
Emerge Ag Solutions was formed in Eston, Saskatchewan on August 7th 2012. Although, this was not the start of a new business but was the rebranding of an existing, established crop supply retail. Prior to August 2012 Emerge Ag Solutions operated under the identity of Eston Farm Chemicals Ltd. EFC was started in the early 1980's by the local ESSO dealer and a farmer in the community; the business consisted of a small chemical shed and later a fertilizer plant that could service the growers in the area. In 1994 Rob Owens began working at EFC as an agronomist and soon after became a partner in the business in 1995. After continuing to work and grow the business Rob eventually obtained sole proprietorship in 2005. Throughout Rob's time at EFC farm sizes began to rapidly grow and so did the business. It was in 2007 the business moved its location just west of Eston to a much larger facility that brought forth many new and exciting opportunities for the company and its customers. In 2012 Rob's son Matthew became a partner in the business and the two of them took the initiative to rebrand the company to have it portray a description of what is important to the customers.