Some exciting news in the business community in the Hanna area. Two growing businesses in the area have been acquired by the Westview Co-op.
On January 8, Westview Co-op announced the purchase of Fox Lake Agro Services and Hanna Building Supplies. Fox Lake Agro was launched seven years ago to supply seed, chemical, and ag products to Hanna, Consort, and areas. Hanna Building Supplies has been in business since 2010 and has continued to grow over the past nine years.
According to the CAO of the Town of Hanna, Kim Neill, it is a very positive investment in their community. "Co-op believes they (Fox Lake Agro and Hanna Building Supplies) are a good business investment and we are glad to see an outside agency looking at the town of Hanna."
Neill hopes this is just things to come for Westview Co-op in the area. "If there is some other areas of their business model that isn't served here that they could expand to, certainly that is an option (to grow) and any new opportunities or new business that is brought into our region is very positive at this point in time."
Neill is pleased to have some positive news about investment in Hanna as much of the talk has been about the pending closure of the coal mine at the Sheerness power plant.
According to Westview Co-op, the acquisition of the businesses will bring an additional $30 million of business to the Co-op. The transition has begun and as long as conditions are met, will be complete as of February 15, 2019.