NEWSREVIEW News review Brought to you by World-Grain.com Significant expansion planned for P&H flour mill HAMILTON, ONTARIO, CANADA - Parrish & Heimbecker, Ltd. (P&H) plans to expand its Hamilton, 2QWDULR&DQDGDÀRXUPLOODQGJUDLQWHUPLQDO :RUNLVDOUHDG\XQGHUZD\WRKDYHWKH3 ++DPLOWRQVLWH EHFRPHWKHKRPHRIDVHFRQGÀRXUPLOOZKLFKZLOOPDNH3 + WKHVLQJOHODUJHVWXVHURI2QWDULRZKHDWWKHFRPSDQ\VDLG ³&DQDGLDQ SURGXFHUV DUH NQRZQ IRU JURZLQJ WRS TXDOLW\ FURSVDQGZHDUHGHGLFDWHGWRQRWRQO\KHOSLQJWKHPFRQWLQXH WRPDLQWDLQH[FHOOHQFHLQFURSTXDOLW\WKURXJKRXUFURSLQSXWV GLYLVLRQ EXW DOVR SURYLGLQJ SURGXFHUV ZLWK DFFHVV WR ZRUOGZLGHPDUNHWVWKURXJKRXUJUDLQKDQGOLQJSURFHVVLQJDQGPDUNHWLQJ FDSDELOLWLHV´ VDLG -RKQ +HLPEHFNHU SUHVLGHQW RI WKH JUDLQ GLYLVLRQ DQG H[HFXWLYH YLFHSUHVLGHQW 3 + /WG ³:H DUHGHGLFDWHGWRFRQWLQXLQJWRPDNHVWUDWHJLFLQYHVWPHQWVWR EULQJJOREDORSSRUWXQLWLHVWRWKH&DQDGLDQIDUPJDWHDQGORRN IRUZDUGWRFRQWLQXLQJWRPDLQWDLQ¿UVWFODVVSDUWQHUVKLSVZLWK DJULFXOWXUDOSURGXFHUVDFURVV&DQDGD´ 7KHH[LVWLQJ3 ++DPLOWRQÀRXUPLOOZKLFKFDPHRQOLQH LQ LQFUHDVHG WKH FRPSDQ\¶V FDSDELOLW\ WR UHFHLYH DQG SURFHVV ORFDOO\JURZQ 2QWDULR ZKHDW 7KH H[SDQVLRQ RI WKH Ardent Mills to build mill at Port Tampa Bay '(19(5&2/25$'286²$UGHQW0LOOVKDVVHOHFWHG 3RUW7DPSD%D\DVWKHIXWXUHVLWHRIDPLOOLRQÀRXUPLOO DQGJUDLQVWRUDJHWHUPLQDOWKDWZLOOUHSODFHLWVFXUUHQWPLOOORFDWHGLQGRZQWRZQ7DPSDDFFRUGLQJWRWKHTampa Bay Times. $UGHQW 0LOOV DQQRXQFHG LQ 2FWREHU SODQV WR VHOO WKH SURSHUW\ ZKHUH LWV GRZQWRZQ 7DPSD PLOO LV ORFDWHG WR 6WUDWHJLF3URSHUW\3DUWQHUVIRUPRUHWKDQPLOOLRQ $UGHQW 0LOOV ZLOO FRQWLQXH WR SURGXFH ÀRXU DW WKH GRZQWRZQ VLWH XQWLO WKH 3RUW 7DPSD %D\ IDFLOLW\ LV RSHUDWLRQDO $UGHQW 0LOOV VDLG WKH SURMHFW LV H[SHFWHG WR WDNH WR months to complete. 7KH QHZ SODQW ZKLFK ZLOO KDYH D IXOOWLPH VWDII RI LV expected to become operational in 2021. 7KHSODQWLQ7DPSDLVWKHODUJHVWÀRXUPLOOLQ)ORULGDZLWK D GDLO\ SURGXFWLRQ FDSDFLW\ RI FZWV SHU GD\ DFFRUGLQJWR6RVODQG3XEOLVKLQJ&RPSDQ\¶V2019 Grain & Milling Annual 7KH VWDWH KDV WZR ÀRXU PLOOV ZLWK DQ RYHUDOO GDLO\ PLOOLQJFDSDFLW\RIFZWV )ORULGDLVWKH¿IWKIDVWHVWJURZLQJVWDWHLQWKH8QLWHG6WDWHV DQGWKHWKLUGODUJHVWVWDWHZLWKPLOOLRQUHVLGHQWV ³:HDUHFRPPLWWHGWRRXUH[SHUW7DPSDWHDPWKHRSSRUWXQLW\WRFRQWLQXHWRGHOLJKWRXUFXVWRPHUVDQGVHUYHRXUJUHDW QHLJKERUVLQ7DPSDDQG&HQWUDO)ORULGD´'DQLHO'\HFKLHI 12 +DPLOWRQÀRXUPLOOZLOOGRXEOHLWVFDSDFLW\DQGLVVFKHGXOHG to become operational in 2020. $FFRUGLQJWR6RVODQG3XEOLVKLQJ&RPSDQ\¶V2019 Grain & Milling AnnualWKH3 +0LOOLQJ*URXSKDVDWRWDOZKHDWÀRXU FDSDFLW\RIFZWVDWRWDOGXUXPÀRXUFDSDFLW\RI FZWVDQGDWRWDOU\HÀRXUFDSDFLW\RIFZWV3 +¶VRYHUDOO WRWDOPLOOJUDLQVWRUDJHFDSDFLW\HTXDOVEXVKHOV 3 +DOVRLVH[SDQGLQJLWVFURSLQSXWVEXVLQHVVZLWKLQYHVWPHQWV LQ LQIUDVWUXFWXUH LQFOXGLQJ D QHZ IHUWLOL]HU WRZHU LQ .HUZRRG 2QWDULR &DQDGD 7KH QHZ WRZHU WULSOHV IHUWLOL]HU EOHQGLQJFDSDFLW\DQGWKHQHZIHUWLOL]HUPL[HULVVSHFL¿FDOO\ GHVLJQHGWRDSSO\PLFURQXWULHQWVQLWURJHQVWDELOL]HUVDQGOLTXLGDGGLWLYHVIRUPRUHFRQVLVWHQWGLVWULEXWLRQDFURVVWKHDFUHV WKDWWKHSURGXFWLVDSSOLHG 7KHH[SDQVLRQFRPHVDIWHUWKHFRPSDQ\¶V1RYHPEHU DQQRXQFHPHQWVWREXLOGDQGRSHUDWH)UDVHU*UDLQ7HUPLQDOD QHZH[SRUWIDFLOLW\LQ6XUUH\%ULWLVK&ROXPELDDQGH[SDQGLWV 3DUULVK6LGLQJIDFLOLW\JUDLQKDQGOLQJDQGVWRUDJHXSJUDGHVWR LQFUHDVHERWKFDSDFLW\DQGHI¿FLHQF\DQGDQHZWRQQH IHUWLOL]HUZDUHKRXVH Ardent Mills location in Tampa, Florida, U.S. Photo courtesy of Ardent Mills. H[HFXWLYH RI¿FHU RI$UGHQW 0LOOV VDLG ZKHQ WKH VDOH RI WKH PLOO SURSHUW\ ¿UVW ZDV DQQRXQFHG ³:H KDYH HQMR\HG WKLV SULYLOHJHIRUPRUHWKDQWKUHHGHFDGHVDQGORRNIRUZDUGWRVXSSRUWLQJWKH7DPSDFRPPXQLW\&HQWUDO)ORULGDDQGFXVWRPHUV DFURVVWKHVWDWHIRUPDQ\GHFDGHVWRFRPHZLWKDQHZVWDWHRI WKHDUWPLOOFDSDEOHRIJURZLQJZLWKRXUFXVWRPHUV´ $UGHQW0LOOV¶RYHUDOOGDLO\FDSDFLW\LVQHDUO\FZWV E\IDUWKHODUJHVWLQWKH8QLWHG6WDWHV May 2019 / World Grain / www.World-Grain.comhttp://www.World-Grain.com http://www.World-Grain.com