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A new railway company is setting up shop in Kamloops.
Cando Rail Services announced Thursday, Jan. 14 it is expanding into British Columbia with the purchase of an 89-acre parcel of land for a new rail terminal.
The terminal will have the capacity for 1,000 railcar storage spots.
“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,” said Brian Cornick, CEO of Cando Rail Services. “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.”
Cando currently operates railcar storage at six other Canadian locations across Ontario, Manitoba, Saskatchewan and Alberta.
The new Kamloops terminal will serve as the company’s headquarters in B.C., and once fully operational it could employ hundreds.
The property, the former Weyerhaeuser Co. sawmill site, located at Mission Flats Road approximately 10 minutes from Kamloops' city centre, was chosen by Cando for its ready access to mainline traffic from CN and CP running through the city.
The company said Kamloops is a prime location as the last major centre before heading west into the Port of Vancouver and it also provides access to the growing Port of Prince Rupert.
“We recognize Kamloops already has a sizable amount of rail traffic. It makes sense for us to build our regional hub here as we expand our services right across the country,” said Cornick. “We’re excited to move to the community of Kamloops. The city and Venture Kamloops have been great to work with. We can’t wait to get started.”
Cando currently provides industrial rail services at more than 18 sites, managing several facilities and terminals, handling products ranging from biodiesel to forest products. It also has a large engineering and track services division and serves a wide variety of industrial clients from Class 1 railroads to automotive, forestry and mining companies.
