On Feb. 4, CN announced plans to establish a new $100-million logistics park in Conrich, located in Rocky View County north east of Calgary, Alberta, Canada.
The railroad said the 680-acre Calgary Logistics Park, which is subject to regulatory approval, will include a state-of-the-art intermodal terminal with room for customers to build a custom facility in place. The park will be designed to include a multi commodity transload and warehouse facility, an automotive compound, and a liquid/bulk transload and distribution facility as well.
"We are very excited about business prospects in Alberta and this investment in the Calgary area," said Claude Mongeau, CN president and chief executive officer. "This facility is part of our program to grow a network of logistics parks that provide seamless and efficient transportation and distribution capabilities for customers, linking their facilities across North America."
Calgary is the third largest distribution center in Canada, CN said, and it serves a rapidly expanding market. The railroad's plans for the new site include designing it to allow for easy expansion as needed.
"This is an exciting prospect for Rocky View County and ties in well with our long-term strategic direction," said Rob Coon, the county's chief administrative officer. "An investment of this magnitude would bring substantial benefits to both the County and the Calgary regional area."
The new facility is expected to open in 2013. Once it does, most of CN's Calgary yard operations will shift to the new logistics park. CN said that it will continue to serve customers along its existing lines in the City of Calgary despite the move.