Richardson International Limited is a privately held Canadian agricultural and food industry company headquartered in Winnipeg , Manitoba . The company is one of several companies that are owned by James Richardson & Sons Limited . The company is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds and a vertically integrated processor and manufacturer of oats and canola-based products. Richardson has over 2,500 employees across Canada, the U.S. and U.K. Richardson International is a subsidiary of James Richardson & Sons, Limited, established in 1857.
24-495: JRI may refer to: James Richardson International , a Canadian agriculture and food industry company Justice Reform Initiative , an Australian campaign based in Sydney Justice Resource Institute , a Massachusetts-based non-profit agency Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
48-415: A $ 35 million termination fee and was able to purchase a number of AU's grain and farm supply facilities; Cargill Canada was able to make a similar purchase, as part of a pre-merger deal width SaskPool to satisfy Canada's Competition Bureau. AU employees, along with the grain and farm supply inventories at the affected facilities, were transferred to the purchasing companies. It is generally believed within
72-698: A 28% stake in the company at the time of the takeover. Agricore United was the continuation of several companies with deep historical roots in western Canada. The Grain Growers' Grain Company Limited was originally incorporated in 1906 under the laws of Manitoba. In 1917, The Grain Growers' Grain Company Limited and The Alberta Farmers' Cooperative Elevator Company Limited amalgamated to form United Grain Growers Limited (UGG). In 1923,
96-727: A local farmer owned facility. In March 2012, Richardson International along with Glencore and Agrium announced they were purchasing Viterra in a 3-way split of that company. Richardson would acquire 19 grain elevators, the oat and wheat milling business in Canada and the US, a terminal in Thunder Bay and a share of Cascadia terminal in Vancouver. This deal closed May 1, 2013. In 2013, Richardson Pioneer celebrated their 100th year with celebrations across Western Canada. From 2013 to 2016,
120-512: A merger arrangement to form a publicly traded company to be known as "Richardson Agricore", subject to shareholder agreement. A subsequent bidding war led to a stock+cash offer from SaskPool and an all-cash offer from JRI to form a private company; a higher, $ 20.50 all-cash offer from SaskPool in May eventually prevailed, with 81% of the limited voting shares being tendered to the Pool by shareholders by
144-825: Is Richardson's retail brand of products. In 2008, Canbra Foods was rebranded. The canola crushing operations became known as Richardson Oilseeds and the food manufacturing business became known as Richardson Nutrition. Richardson Oilseeds opened a new canola crushing plant in Yorkton, Saskatchewan in July 2010. At the time of opening this plant was designed for 2,300 mt per day. In 2014, an expansion will be completed for 3,000 mt per day to be processed. In 2011, Richardson Nutrition purchased Innovative Foods in Mississauga, Ont and Sussex, New Brunswick to further expand its canola oil packaged goods business. An $ 15 million expansion of
168-679: Is a vertically integrated company, with facilities across Canada and the United States . Headquartered in Winnipeg, Richardson has 3 divisions. In Western Canada, Richardson operates grain handling and crop input facilities under the name of Richardson Pioneer Ag Business Centres. Richardson operates a number of port facilities located strategically in Eastern and Western Canada . Richardson Oilseed processes canola for oils , sprays and margarine for industrial and home cooking. Richardson
192-652: The Alberta Wheat Pool (AWP) was incorporated under the laws of Alberta. In 1924, Manitoba Pool Elevators (MPE) was incorporated under the laws of Manitoba. In 1992, UGG was continued under the Governing Act, a Special Act of the Parliament of Canada. In 1998, AWP and MPE merged to form Agricore Cooperative Limited. In 2001, UGG combined its business operations with Agricore Cooperative Ltd. and began doing business as Agricore United. In November 2006,
216-539: The Toronto Stock Exchange (TSX) on June 20, 2007, and the members of the senior management team for the amalgamated company were announced the next day. As of June 29, no decision had been reached on the name or location of the new company, and it was expected to take about 12 months to complete the merging of the company's operations. As a result of the acceptance of the SaskPool offer, JRI received
240-506: The Canadian agricultural industry that the biggest winners in the transaction were AU's shareholders, with SaskPool paying too much for AU, and that SaskPool gave up too many facilities to their competitors. Substantial number of head office employees are expected to be laid off once the integration of the two companies is complete. On August 30, 2007, the company formerly known as Agricore United ceased to exist and Saskatchewan Wheat Pool
264-489: The Independent line. In 1972, when Federal was sold in 1972, Pioneer became the largest private grain company. In 1979, a 112,000- tonne Pioneer Grain port terminal was officially opened in Vancouver. It was capable of loading ships at 140,000-bushels per hour. In the 1990s, Richardson Pioneer built numerous concrete grain terminals across the prairies. These modern facilities were much larger and more efficient than
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#1732786864734288-710: The Saskatchewan and Western Elevator companies were amalgamated into Pioneer; these elevators had been operated by the Richardsons since the mid-1920s. In 1947, Pioneer acquired twenty-three elevators from the failed Reliance Grain Company. In 1952, Pioneer purchased 146 elevators when the Western Grain Elevator Company was sold; Federal Grain also took some of Western's elevators. In 1953, Pioneer acquired another twenty-two elevators of
312-578: The company became the target of takeover bids from two other rival grain handlers: the Saskatchewan Wheat Pool ("SaskPool", "SWP") of Regina, Saskatchewan and Winnipeg -based James Richardson International ("JRI"). The initial and subsequent offers from SaskPool involved a stock swap, with no or little cash being offered, prompting the AU Board of Directors to reject them. In February 2007, AU and JRI announced that they had negotiated
336-726: The company constructed new terminals were constructed in Estevan, Dauphin along with a large addition to the Vancouver export facility. In 2017, the company acquired Crop First Agro in Grenfell, SK, as well as European Oat Millers in Bedford, England; becoming Richardson Milling UK. Richardson International's first mill outside of North America. In 1999, Canbra Foods in Lethbridge was acquired. Canola crushing as well as packaging oils and margarine happen here. The Canola Harvest brand
360-678: The end of May, including all the ADM shares. This exceeded the 75% required by the terms of AU's incorporation to change the corporate structure and, after a special shareholders' meeting in June, AU became a wholly owned subsidiary of the Saskatchewan Wheat Pool. AU's CEO, Brian Hayward, resigned, as did the Board of Directors, and SaskPool's CEO and Board were voted in. SaskPool had Agricore United's common and preferred shares delisted from
384-426: The old wooden elevators. Most wooden elevators were closed and have since been torn down. In 1994 the first terminal was constructed at Glossop, Manitoba. Terminals were also constructed at Lamont, Carseland, Swift Current, North Battleford, Lloydminster, Saskatoon, Melfort, Tisdale, Southey, Balgonie, Weyburn, Whitewood, Foam Lake, Brunkild, Brandon. In 2005, a large growth and acquisition process began in 2005 with
408-721: The packaging plant in Lethbridge was started this same year. On May 1, 2013, a new division was formed as part of the Viterra transaction — Richardson Milling. In June 2015, Richardson purchased Golden Gate Margarine — a retail packaging business based on Oakville , Ontario adding to the Richardson Nutrition locations. Agricore United Agricore United, Inc. was a farmer-directed agribusiness in Canada . It supplied crop nutrition and crop protection products, and offered grain handling and marketing services. It
432-466: The purchase of 4 terminals from ConAgra Foods and 4 adjoining crop input centres were purchased from United Agri Products in 2006. In 2007, James Richardson International was involved in a bidding war with Saskatchewan Wheat Pool over the purchase of Agricore United in 2007. Although unsuccessful, through the deal Richardson acquired grain elevators in Manitoba, Saskatchewan , and Alberta , and
456-480: The title JRI . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=JRI&oldid=1247213841 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages James Richardson International Richardson International
480-546: Was created on November 1, 2001 by the merger of Agricore and United Grain Growers . It was headquartered in Winnipeg, Manitoba. Its shares were publicly traded on the Toronto Stock Exchange (TSX) under the symbol "AU" ("AU.LV" – Limited voting common shares; "AU.DB" – Convertible 9% debentures; "AU.PR.A" – Series 'A' preferred shares) until June 15, 2007, when it was taken over by the Saskatchewan Wheat Pool . Agri-business giant Archer Daniels Midland (ADM) had
504-611: Was paid a $ 35 million termination fee from Agricore. In a 2008, Rebranding, James Richardson International was rebranded as Richardson International and Pioneer Grain became Richardson Pioneer. From 2010 to 2012, Richardson Pioneer continued to expand the Western Canadian footprint with the purchase of 5 crop input centres and 1 grain terminal in Alberta plus 3 crop input centres and 1 grain terminal in Saskatchewan. The Saskatchewan purchases were all part Northeast Terminals
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#1732786864734528-469: Was rebranded to be known as Viterra . Agricore bought, marketed and transported grain, oil seeds and other special crops from the farm to end-use markets using the company's network of grain elevators from Manitoba to British Columbia and ownership/interest in port terminals in Vancouver, Thunder Bay and Prince Rupert. The grain was moved from the farmer's field to the company's geographically dispersed and strategically located country elevator network. Grain
552-575: Was the first company to market canola oil and markets canola products, including under the Canola Harvest brand. Richardson Milling processes oats in Canada, USA, and Europe. In 1913, Pioneer Grain Company Ltd. and Eastern Terminals Ltd. were formed. By then the company had twenty-six licensed elevators, sixteen of which were in Saskatchewan. In 1921, Pioneer had expanded to over 100 country elevators. In 1931, forty-four elevators of
576-826: Was then shipped to a domestic, U.S. or Mexican customer, such as a flour mill, crushing plant, feed mill or maltster, or to a port terminal for export to end-use customers in Europe, South America, the Pacific Rim, Africa and the Middle East. The company sold more crop inputs in western Canada than any other company. This included manufacture, distribution and crop production support, including crop nutrition and crop protection products, seed and agronomic services to farmers, through about 200 locations from Manitoba to British Columbia. Agronomic Crop Enhancement (ACE) specialists provide technical advice on crop production issues and help
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