Parkland sells Alberta retail facilities to co-ops

Parkland Fertilizers, a locally-owned crop inputs retail business in Alberta, has sold its Lacombe and Wetaskiwin locations to Central Alberta Co-op and Wetaskiwin Co-op, respectively, according to March 7 announcements from the companies.

Parkland’s Lacombe location officially became part of Central Alberta Co-op on March 6, while Parkland’s Wetaskiwin fertilizer center became part of Wetaskiwin Co-op on the same date. Both locations offer custom granular fertilizer blending, delivery, and spreading, as well as crop protection chemical sales and precision ag services. The Lacombe site handles seed products as well.

Both Wetaskiwin and Central Valley are member-owners of Federated Cooperatives Ltd., (FCL), an organization based in Saskatoon, Sask., that provides central wholesaling, manufacturing, marketing, and administrative services to some 200 retail cooperatives in Canada.

Federated announced last summer (GM July 29, 2016) that was investing C$75 million to build two new state-of-the-art, high-throughput fertilizer terminals in Hanley, Sask., and Brandon, Man. The Hanley terminal will be able to store up to 45,000 mt of fertilizer while the Brandon terminal will hold 27,500 mt. Both facilities are expected to be fully operational by mid-2017.