Cargill to build a canola processing plant
REGINA, SASK. — Cargill broke ground July 19 on its new $350 million canola processing plant in Regina, Saskatchewan.
The new facility will have an annual production capacity of 1 million tonnes and will meet the growing global demand for canola products.
The new Regina plant will be Cargill’s second canola processing plant in Saskatchewan and third in Western Canada.
Cargill, which first announced plans to build the facility in April, expects the project to be completed by 2024.
“We are excited to build a new state-of-the-art canola processing facility in Regina,” said Jeff Vassart, president of Cargill Canada. “We see great potential in the growth and competitiveness of the canola processing industry and look forward to helping Saskatchewan farmers access growing market demand.
Saskatchewan Premier Scott Moe, who was present at the ribbon-cutting ceremony, added, “Our government is grateful for Cargill’s investment in Saskatchewan and its support of sustainable supply chains around the world. . The investment will raise the profile of our agricultural sector by creating welcomed jobs and increased value-added production, and will strengthen Saskatchewan’s position as a global canola crushing powerhouse.
Cargill Canada is headquartered in Winnipeg, Manitoba, and employs more than 8,000 people across Canada. Its business interests in Canada include beef, poultry and oilseed processing, as well as livestock feed manufacturing. It is also involved in the retail sale of agricultural inputs, as well as grain handling, flour milling, salt distribution and merchandising.