Paterson Grain Announces Construction of Inland Grain Terminal at Assiniboia, Saskatchewan

Paterson GlobalFoods Inc. is pleased to announce the commencement of construction of its eighth inland export terminal in the Rural Municipality of Lake of the Rivers, on Hwy. 717, northeast of Assiniboia, Saskatchewan.

The facility will consist of a combination of concrete silos and steel bins with a storage capacity of approximately 28,000 mT. The design and construction will incorporate the most modern grain handling and storage concepts. The site will have a 112 railcar spot and the ability to load a 112 car unit train in 8 hours. Paterson GlobalFoods’ subsidiary, PTC Construction, is overseeing this major project with an estimated construction crew of 40 onsite workers being needed by Spring 2008. The Assiniboia facility will contain full inland cleaning capability for direct export. This site will be developed immediately and plans are to include a farm service centre at a later date. Construction has begun and it is expected that the facility will be receiving grain for August 2008.

The selection of the Assiniboia site capitalizes on competitive rail freight rates and excellent highway connections that provide enhanced access to our services for Saskatchewan farmers. The facility will be serviced by Canadian Pacific and will be able to handle producer deliveries in an extremely efficient and cost-effective manner, maximizing returns for producers.

Paterson GlobalFoods strives to exceed customer expectations through a commitment to quality, innovation and personalized service. As a family owned, Canadian company we feel that our relationship with western farmers is growing because of our proven low cost, service oriented philosophy.

Founded in 1908 and celebrating its 100th Anniversary this year, Paterson GlobalFoods Inc. is a third generation Canadian business operating a network of 50 grain elevators across western Canada. In addition to Paterson Grain, Paterson GlobalFoods owns and operates NutraSun Foods, FeedMax and a variety of other subsidiaries that connect grain producers to consumers around the world.

The media can obtain further details by phoning (204) 956-2090, ext. 221.

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