Calgary takes aim at transportation and logistics as plummeting prices spark oil capital to redefine itself.
Earlier this summer, the Canadian National Railway announced the groundbreaking on a new distribution center for Whirlpool Canada at the carrier’s Calgary Logistics Park.
Whirlpool’s 425,000- square-foot facility will serve as a DC for finished Whirlpool appliances coming to Alberta from across North America. Locating the new regional distribution center at the logistics park provides the company “direct connection to CN’s rail network and transportation services, allowing us to deliver our appliances for our retail partners more efficiently and reliably,” noted Stephen Stewart, director of supply chain at Whirlpool Canada.
The Whirlpool news was emblematic of Calgary’s efforts to beef up its image and infrastructure as an inland logistics hub for western Canada. Oil was once king in Calgary, and it may yet resume that position, but plummeting prices have taken much of the strength out of that industry. Despite earlier projections to the contrary, oil prices have yet to move in the right direction in 2017. That means that drilling and exploration in Alberta’s tar sands has been compromised and that exploration and drilling equipment manufactured in the province are no longer headed to places like the Middle East and Africa in large volumes…
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