Cando Rail Services Expands Into B.C.

KAMLOOPS, BC--(Marketwired - January 14, 2016) - Cando Rail Services announced today that it is expanding into British Columbia with the recent purchase of an 89 acre parcel of land in Kamloops for a new rail terminal. The terminal will have the capacity for 1,000 railcar storage spots, in addition to providing transloading, material handling, engineering and track and mechanical 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," 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." The company 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 Kamloops. It is a prime location as the last major centre before heading west into the busy Port of Vancouver. 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 over 18 sites, managing several facilities and terminals, safely 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. The Kamloops land acquisition and development of this hub of Cando services opens up future business growth and development opportunities within Kamloops and the province. 

About Cando Rail Services (www.candoltd.com)

Cando Rail Services is an employee-owned company established in 1978 in Brandon, Manitoba. Cando has earned its reputation as an industry leader in providing railway support services to industry and the Class 1 railways. An international service provider, Cando offers rail services at more than 18 industrial sites across Canada and the United States, has more than 15 mobile engineering and track services crews, owns or manages several facilities and terminals, and operates three short line railways. Cando serves many industries including railway, oil and gas, refineries, fuel distribution, automotive, agriculture, potash, forestry products and intermodal.

Industry and the rail sector can count on Cando's unfailing commitment to safe, high value, cost effective and innovative solutions.