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.