| |
|
|
PWT Acquires Kindersley Grain Elevator
PRESS RELEASE
For immediate release…. July 2, 2009
Prairie West Terminal
Acquires Kindersley Grain Elevator
The Board of Directors of Prairie West Terminal (PWT) announced today that PWT has completed the acquisition of the grain elevator and related fixed assets formerly owned and operated by Richardson International Limited at Kindersley, Saskatchewan. The primary assets consist of a 12,420mt (456,360 bushels) wood composite grain elevator, steel bin annex, 50 car rail siding, 20’ X 20’ chemical warehouse and a fertilizer storage/blending facility.
Brent Sivertson, Long time employee at the Kindersley facility, has been hired by PWT. “We are very pleased to have Brent on board because of his extensive knowledge of both the assets and more importantly the customer base.” stated General Manager, Andy Travers. Administrative Assistant, Janelle McCullough, also joined the PWT team at Kindersley. In a further move to support and grow the business, Area Marketing Representative Tyler Ritchie, will be moving to the Kindersley location. Tyler is currently based at PWT’s head office but was raised in the Kindersley area so it was a natural fit.
PWT will be taking sometime to get systems and training in place so we are asking for customers’ patience during this transition. The office and crop input warehouse are currently open for business. The existing phone numbers will remain in place. The elevator will be accepting deliveries starting Monday July 6, 2009.
PWT financed the acquisition through working capital and new term debt.
Prairie West Terminal Ltd. is a locally owned and operated grain company, with its head office located between the villages of Dodsland and Plenty, Saskatchewan.
For more information contact:
Andrew Travers, General Manager
Prairie West Terminal Ltd.
P.O. Box 244
Plenty, SK S0L 2R0
Telephone: 1-306-932-4446
|
| |
| |
|
|
|
|
