G3 Enhances Eastern Canadian Origination Footprint
with Construction of a new lake terminal at the Port of Hamilton
WINNIPEG, Oct. 13, 2015 /CNW/ - G3 Canada Limited (G3), a newly formed Canadian agribusiness, announced today that it will construct a new lake terminal at the Port of Hamilton to originate grains and oilseeds out of Southern Ontario for export to global markets.
"G3 is excited to announce this major investment in the Port of Hamilton as part of our vision to create a coast-to-coast Canadian grain enterprise," says Karl Gerrand, CEO, G3. "Grain exports from Southern Ontario have been increasing for some time now. We look forward to expanding our relationship with farmers in the province, and will work hard to establish G3 as the partner of choice in marketing their grain."
The 50,000 metric tonne facility will be located at Pier 26 in the Port of Hamilton, just off Queen Elizabeth Way. Grains and oilseeds will be loaded on to vessels for transport to G3's facilities on the St. Lawrence River. From there, they will be shipped onwards to export markets around the world.
"We recognize time is valuable for our farmer partners, which is why this facility has been designed to get trucks in and out as fast as any competing terminal in Ontario," Gerrand added. "Combined with G3's existing facilities in Trois-Rivières and Quebec City, and our strong marketing connections, we believe G3 will present a very competitive new option for Ontario farmers."
"The Port of Hamilton is one of Ontario's primary agricultural gateways, with agri-food tonnage exceeding 2 million tonnes in 2014. Direct access to the Great Lakes St. Lawrence Seaway system means the port is ideally located for agri-food exporters," said Hamilton Port Authority President & CEO Bruce Wood. "The Port of Hamilton welcomes major investments such as this one and looks forward to continue our close working relationship with our partners at G3."
Construction on the facility is already underway and is slated for completion prior to the 2017 harvest.
About G3 Canada Limited
G3 Canada Limited, a newly formed agribusiness, is establishing a highly efficient coast-to-coast Canadian grain enterprise designed to provide a unique competitive alternative to farmers, and superior service to customers and stakeholders. G3 Canada's assets range from inland grain and deep-sea port terminals stretching from Leader, Saskatchewan to Québec City, Québec, to Great Lake grain transport vessels and a fleet of grain hopper cars. The vertical integration of these assets along the agricultural commodity chain forms the basis of a smarter path from Canadian fields to global markets. G3 Canada Limited is a Canadian company and is headquartered in Winnipeg, Manitoba.
About Hamilton Port Authority
Managed by the Hamilton Port Authority, the Port of Hamilton is the largest port in Ontario, handling more than 10 million tonnes of cargo per year. Cargo transiting the Port of Hamilton is connected to $6 billion in economic activity and 38,000 jobs in Ontario. In recent years, the Port of Hamilton has attracted $300 million in private sector investment, serving a diverse range of industries, including agri-food, manufacturing, infrastructure and construction materials, and petrochemicals.
www.hamiltonport.ca | @HamiltonPort
SOURCE G3 Canada Limited
For further information: G3 Media contact: G3 Media Relations, 1-204-983-3101, firstname.lastname@example.org