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Agricore Constructing $5 Million Bean Cleaning Facility in Manitoba; Contractor Identified

The new $5 million facility will replace the company's existing plant and will significantly increase the through-put capacity for edible dry bean processing.

Released Wednesday, July 14, 2004

Agricore Constructing $5 Million Bean Cleaning Facility in Manitoba; Contractor Identified

Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Agricore United Incorporated (TSE: AU) (Winnipeg, Manitoba) is constructing a new bean cleaning and processing plant in Carman, Manitoba.

The new $5 million facility will replace the company's existing Carman plant and will significantly increase the through-put capacity for edible dry bean processing.

Plans are to begin earthwork and site preparation this week for the new structure. Agricore has selected FWS Construction Limited (Winnipeg, Manitoba) as the prime contractor for the project. The new facility will be outfitted with the latest technology in bean handling technology, and processing will be fully automated.

Construction is scheduled to be completed by June of next year.

Agricore United is one of Canada's leading agri-businesses. The company is diversified into sales of crop inputs and services, grain merchandising, livestock production services, and financial markets. The company has two other bean processing plants located in Taber and Bow Island, Alberta.

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