South West Terminal Ltd (SWT) is excited to announce 2 new projects, which were approved by the Board of Directors today.
The first project is an approximately $2.3M investment in the construction of a new crop inputs facility located along the #4 Hwy near the town of Wymark, Sk. The preliminary plans for the facility anticipate a 5,000 square foot chemical shed, a 1,800 MT volumetric fertilizer blending plant and a modern office building.
The second project is an approximately $1.8M investment in the construction of a new main office building located at the Antelope site near the town of Gull Lake, Sk. As a result of SWT’s growth, the existing office has been added onto twice and has exceeded its current capacity for people and efficiency. This modern 10,000 square foot office building will allow for future growth.
The general contractor for both projects will be Silverline Construction out of Swift Current, Sk. Construction of the Wymark location is slated to begin fall of 2015 and the facility is expected to be operational by the spring of 2016. Construction of the new main office is slated to begin the spring of 2015 and is expected to be operational by the fall of 2015.
SWT expects to finance the projects with a combination of existing bank debt and working capital
These projects align with our strategic plan of continuing the growth of SWT and our commitment to southwest Saskatchewan.
This press release contains forwardVlooking statements. While these statements reflect our current expectations, they are subject to a number of risks and uncertainties, including but not limited to changes in the market and general economic conditions and receipt of any necessary approvals. In light of these risks and uncertainties, there is no assurance that these projects will
If you have any questions about this project, please feel free to contact Monty Reich, General
Manager of SWT.