Paterson GlobalFoods (PFG) has unveiled plans to build a new oat mill in Manitoba.
Announced on Thursday, the $94-million processing facility will be located on 600-acre parcel of land adjacent to Paterson’s already existing inland grain terminal in northwest Winnipeg. Construction is expected to start immediately, according to a company release.
“Paterson’s new oat mill will allow PGF to continue to diversify its commodity business with value added products for the benefit of consumers and farmers alike,” said PGF President and Chief Executive Officer Andrew Paterson.
The new oat mill, to be known as O Foods Ltd. when completed, will annually process up to 250,000 tonnes of raw oats from Western Canadian farmers and will produce a full range of high health oat products for the world market. The mill will be situated on Manitoba’s largest private rail siding, consisting of 260 rail cars serviced by Canadian Pacific, Canadian National and BNSF.
Manitoba’s Red River Valley is a major oat-producing region of the Prairies, and the new Peterson facility will join the Richardson oat mill in Portage la Prairie and Emerson Milling in Emerson.
Source: DePutter Publishing Ltd.
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