Two significant manufacturing expansions in 2005.

Philom Bios Inc. recently announced that they will invest $2.2 million for construction of office and laboratory facilities to its recently acquired $3.4-million, 8,000-square-foot manufacturing facility in Saskatoon. This facility will replace leased facilities and consolidate all manufacturing operations to a single location thereby reducing operating costs, as well as bringing significant synergy to the company's activities. Construction will commence by early spring to coincide with current improvements to the manufacturing portion of the building. This investment will allow for relocation of all office and lab personnel by January 2006.

Philom Bios is a world-leading inoculant company with over 70 employees across North America in a wide range of research, manufacturing, marketing and management positions.

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Headquartered in Saskatoon, SK, Philom Bios is a Canadian public company serving the needs of farmers with high-value inoculants. Philom Bios has a 20-plus year commitment to farmers through a dynamic partnership with distributors and leading retailers.

Hitachi Canadian Industries Ltd. invested $1.4 million in the construction of a new 28,000-square-foot welding fabrication shop adjacent to their existing facility in Saskatoon. Hitachi has hired 70 employees in the past year and expects to hire 30 additional employees in 2005 as a result of increasing demand for large wind tower structures in North America.

Hitachi was established in Saskatoon in 1988 to manufacture power generation equipment. The manufacturing plant currently has 180 employees including welders, machinists, technologists and engineers. The plant covers approximately 100,000 square feet on 9.5 acres of land in Saskatoon.