Lansing Trade Group and Providence Grain group are consolidating their western Canadian grain operations. Lansing has invested into Providence Grain Group Inc and afterwards will own approximately 38 per cent of the company.

The close date pending shareholder approval was March 31, now they are having a shareholders meeting on April 11 to make the final decision. Providence will continue to be led by Milton Miller who is the president and CEO of the company. It's headquarters will remain in Fort Saskatchewan, Alberta and the board of directors will be comprised of a majority of producer shareholders as well as experienced individuals in the agriculture industry.

Combining the two companies will serve to align the strong asset base and merchandising of Providence with the Lansing team and build a larger grain network across the prairies. The consolidation will increase rail velocity, increase storage capacity to 14,000 MT of grain and double the container packing speed.