CHS Groundbreaking on a 42,000 Ton Fertilizer Plant Outside Shelby
CUT BANK, MONT., July 9, 2013 – CHS Inc., the nation’s leading farmer-owned cooperative and a global energy grains and foods company, along with the City of Shelby, Toole County and the Port Authority of Northern Montana announced today that CHS broke ground on construction of a 42,000-ton fertilizer plant outside Shelby, Mont. The new facility, with 160-car shuttle loader access to the BNSF line, is expected to open in early spring 2014 and serve producers in the north central Montana and southern Alberta, Canada, regions.
“Geographically, this area has sometimes been challenging to service,” said Ross Thayer, general manager of the CHS Cut Bank-Shelby region. “This new plant will mean a more consistent supply to our current customers and a broader reach to new customers. With tremendous support from our patrons as well as the City, County and Port Authority, this is one more way we can bring the global connections of CHS to help our owners and customers grow.”
“This is great news for northern Montana,” said Larry Bonderud, mayor, City of Shelby. “CHS has had a positive presence in our community for decades and we sincerely appreciate the investment it is making for the future of our business environment. We look forward to the continued commitment of CHS in our region.”
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.
This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2012, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.