Shareholders Approve Viterra Purchase of Lethbridge Inland Terminal Ltd. : B93.3 FM : Lethbridge's #1 Hit Music Station : Lethbridge News, Alberta
B93 FM Lethbridge

 
Home /Local News Feed /
Shareholders Approve Viterra Purchase of Lethbridge Inland Terminal Ltd.

 
 

LETHBRIDGE:   Viterra reached an agreement to purchase certain assets of Lethbridge Inland Terminal Ltd less than a month ago and now has approval from shareholders.

 

The agreement includes a high throughput grain elevator with a capacity of 42,000 metric tonnes.

 

Shareholders of Lethbridge Inland Terminals, which is located south-east of Lethbridge, just off Highways 4 and 845, overwhelmingly approved the Viterra's offer on Friday. The shareholder base includes about 150 Southern Alberta farmers, as well as a number of Hutterite Colonies and small to medium sized family farms.

 

Lethbridge Inland Terminal opened in the fall of 2008 and is one of the 10 biggest primary elevators in the province.

 

Economic Development Lethbridge says they have shipped more than one-million tonnes of grain since opening.

 

The agreement was originally announced in late December and remains subject to certain closing conditions, including regulatory approvals. Current employees at Lethbridge Inland Terminal will continue to work at the terminal for Viterra.

 



Posted on Tuesday, January 21, 2014 at 4/18/2014 4:14:50 PM
Source: Dori Modney (On Twitter - Dori_Modney) -- Country 95 News photo credit
 
 
Latest News Articles

 
Youth Advisory Council Concerned About Urban Drilling
Tuesday, January 21, 2014 : 4/18/2014 4:14:50 PM
 
Galt Museum Receives Donation From Owner Of Regent Restaurant
Tuesday, January 21, 2014 : 4/18/2014 4:14:50 PM
 
Watch Out For Fake AltaLink Employees Asking For Money
Tuesday, January 21, 2014 : 4/18/2014 4:14:50 PM
 
Local Producers Bring Home Canadian Cheese Awards
Tuesday, January 21, 2014 : 4/18/2014 4:14:50 PM
 
Heart Patients Have Access To Life Saving Device
Tuesday, January 21, 2014 : 4/18/2014 4:14:50 PM
Home /Country 95.5 FM News


 
 

 




 
B93.3 FM
Home Promotions
Station Blogs
On Air Events
News  
Other Links
Contact Us Alberta Equity Scholarship Program
Legal Notice Advertise with B93.3 FM
Privacy Policy  
Connect with B93.3 FM