“This is huge for Regina.”
That is what Mayor Sandra Masters is saying after Viterra announced plans Monday to build the “world’s largest integrated canola crush facility” in the city.
She says a lot of work was done with Viterra to get this deal done for quite some time and that one of the reasons the company may have chosen Regina is the familiarity it has.
“I am not sure we were the most competitive, but I think we may have had an advantage since Viterra has been here since 1924,” Masters said. “They have been a stable, steady corporate citizen of ours and this is their hometown in some respects so we may have had a slight advantage because they know us and we know them. We know they had offers in several other provinces and American states, but we are glad they chose us.”
She feels this will be a big help to Regina as we get out of the pandemic and start rebuilding a battered economy.
Viterra is the third company in just over a month to make a major announcement in Saskatchewan. Richardson announced a planned upgrade to its Yorkton facility last month, while Cargill unveiled plans for a new crush plant at Regina last week.