January 14, 2016 - 3:03 PM
KAMLOOPS - An international rail service provider plans to establish its B.C. headquarters in Kamloops and bring hundreds of jobs to the province after purchasing 89 acres of land in the Mission Flats area.
Cando Rail Services announced today, Jan. 14, it will use the acreage to build a new rail terminal which will house up to 1,000 rail cars and will use the lot for transloading, material handling, engineering and track services.
“Our long range plan is to build an extensive rail terminal at the location that includes 80,000 feet of track, transload areas, as well as engineering and mechanical servicing areas,” Brian Cornick, CEO of Cando Rail Services says in a media release. “We’ll start with storage tracks first - building to have the first 250 spots ready by this June. This is an important step for us as we expand into the B.C. market.”
Once fully operational, the site is expected to employ under 50 people in Kamloops.
Currently, Cando Rail operates railcar storage at six other locations in Ontario, Manitoba, Saskatchewan and Alberta.
Kamloops was chosen as the best location for the service in B.C. because of it’s proximity to ports in Vancouver and Prince Rupert and mainline connections to CN and Canadian Pacific railways.
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— This story was updated at 4:43 p.m., January 18, 2016, to reflect a change in statement from the company. The initial statement indicated hundreds of jobs would be in Kamloops, but a second statement said the 'hundreds of jobs' would be provincewide. The story has been altered to reflect that change.
News from © InfoTel News Ltd, 2016