- Associated Press - Friday, February 7, 2014

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.

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

CHS describes itself as a leading wholesale distributor of crop nutrients to locally-owned cooperatives and independent farm supply retailers across the United States.

CHS is planning to expand its fertilizer business into the lower Mississippi River region, said Cheryl Schmura, vice president for crop nutrients. “CHS will serve agricultural supply dealers throughout the region,” she said.

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

Tom Gattle, Terral RiverService co-founder, president and CEO, said his company, which specializes in bulk storage and handling of dry and liquid materials along the Mississippi River system, the Gulf Intracoastal Waterway and inland waterways of Louisiana and southern Arkansas, will keep its port and marine operations, aggregates and cottonseed businesses.

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Online:

https://www.chsinc.com/

https://terralriverservice.com/


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