According to Cargill officials, the purchase of the Tri-Way facility is aligned with Cargill's commitment to invest in and manage a customer-driven network of farm service centers across Western Canada. The decision was also motivated by the convenience of having Cargill's wholly owned grain elevator located on the same property as the existing Tri-Way facility.
"With this acquisition, the Balcarres location will continue to service all of our customers' farm needs including: grain handling and marketing solutions, agronomy services and crop input solutions," said Glenn Houser, Cargill AgHorizons farm service group manager. "What's more, the Balcarres employees will help tap Cargill's considerable expertise in providing advice and solutions tailored to producer customers' unique needs."
Tri-Way Fertilizer was a 50/50 joint venture in partnership with Cargill Limited. Tri-Way will continue to operate the anhydrous and custom application of the business until another buyer is found.