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Minn co-op buys N La company's fertilizer business

February 7, 2014
Associated Press

LAKE PROVIDENCE, La. (AP) — A Minnesota energy, grain and food cooperative has bought the fertilizer business and related assets of a river transportation service company based in northeast Louisiana.

A news release Friday from CHS Inc. said the purchase brings eight river terminals and a ninth location owned by Terral RiverService of Lake Providence into CHS, a farmer-owned cooperative headquartered in the St. Paul suburb of Inver Grove Heights, Minn.

CHS describes itself as a leading wholesale distributor of fertilizers to locally-owned cooperatives and independent farm supply retailers nationwide.

Company official Cheryl Schmura says CHS has been planning to expand into the lower Mississippi River region.

Thirty-six employees of Terral RiverService will become CHS employees.

Terral RiverService will keep its port and marine operations, aggregates and cottonseed businesses.

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Online:

http://www.chsinc.com/

http://terralriverservice.com/

 
 

 

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