CHS enters j.v. with Triangle Ag for agronomy services
June 25, 2008
by Eric Schroeder
ST. PAUL, MINN. — CHS Inc., a leading energy and grain-based foods company, has formed a joint venture with Triangle Ag L.L.C., Ulen, Minn., in which the two companies will combine agronomy services throughout central and east central North Dakota. As part of the partnership, the companies will build a 25,000-ton crop nutrients plant with the ability to receive 110-rail car shipments near Hannaford, N.D., and will operate a crop protection product and seed distribution center.
"We look forward to partnering with Triangle Ag to provide producers in the area with a consistent long-term crop nutrients supply and efficient operations," said John McEnroe, senior vice-president of CHS Country Operations. "With a significant amount of crop nutrients supply coming from off-shore locations, we need to be able to quickly, efficiently and economically move product to producers."
Wes Roll, general manager and chief operating officer of Triangle Ag, said consolidation of operations will eliminate duplication of assets and add efficiency for producers.
"This partnership will help us adapt to the dynamic and changing crop nutrients industry, while giving us the ability to ensure supply for our producers," Mr. Roll said.