Sep. 1, 2017
Federated Co-operatives Ltd. (FCL) has commissioned high-throughput fertilizer terminals in Brandon, Man., and Saskatoon, Sask., that will supply Co-op locations and agricultural producers across the Prairies.
The 68,000-square-foot terminal in Brandon has the capacity to house 27,500 tonnes of fertilizer while the Hanley terminal is 96,000 square feet and has the capacity to store 45,000 tonnes of fertilizer. The facilities were constructed on a combined budget of $75 million, a company news release said.
Hanley has five full-time employees, while the Brandon facility has four.
Each terminal can load a super B trailer of blended fertilizer in 10 minutes and dispense up to 400 tonnes of straight fertilizer in an hour.
About Federated Co-operatives Limited
Federated Co-operatives Limited (FCL), is a co-operative federation, established in 1955, providing procurement and distribution to member co-operatives in Western Canada. Federated Co-operatives is owned by about 365 member co-operatives across the region. Some are large co-operatives, such as Saskatoon Co-op and Calgary Co-op, while others are small co-ops based in small towns, such as Abernethy Co-op.
In 2009, FCL was ranked as the largest co-operative in Canada by total sales. In 2010, FCL was the second largest company by annual sales in Saskatchewan. During that year, it earned revenues of 498 million and returned $355.7 million to its member retailers. In 2008 Federated Co-operatives saw sales increase and posted its 37th record year in a row for both sales and profits.