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Richardson diversifies into durum processing with acquisition of US miller Italgrani

Jul 12, 2021Jul 12, 2021 Editor

US – Richardson International Limited, Canada’s largest agribusiness and a global leader in agriculture and food processing, is diversifying into wheat processing through the acquisition of Italgrani USA Inc., the single largest durum miller in North America. According to a statement from Richardson, the acquisition is part of its long-term strategic goals of diversification, geographic expansion, and an increased presence in food processing. The deal includes a milling facility in St. Louis, Missouri, specializing in semolina and durum flour products, storage and crop inputs facilities situated at Tolley, Powers Lake, and Benedict in North Dakota, and a commodity trading office in Minneapolis,…

Richardson to expand crush capacity of Canadian plant amid rising demand for canola products

Mar 24, 2021Mar 24, 2021 Editor

CANADA – Canadian agribusiness company, Richardson International has announced plans to double the processing capacity of its canola crush plant in Yorkton, Saskatchewan amid rising demand for canola products globally. The company says that construction work at the site will begin immediately with no disruption to current operations and is expected to be completed in early 2024. In addition to increasing the plant’s annual processing capacity to 2.2 million metric tonnes of seed, the new project also aims to modernise the facility and create further operational efficiencies. The project follows…