Primeland merges with CHS Farmers Co-op
As local CHS ag retailers, the two producer boards of CHS Farmers Co-op and CHS Primeland came together several months ago to discuss how best to serve the growing needs of farmers and other customers in west central Idaho and southeastern Washington. From those discussions, the two boards agreed that consolidating their operations would be in the best long-term interest of patrons and their communities.
“Both of our businesses are financially strong and coming together will allow us to put the appropriate level of resources into programs and services that help our customers grow their operations,” said Tom Moore, board chairman, CHS Farmers Co-op.
“Our combined size and scope will enhance our leverage with chemical manufacturers and strengthen our risk management of market positions, among other advantages,” said Tim Eichner, board chairman, CHS Primeland. “Together, we’ll be able to reach efficiencies for you that we could not achieve individually.”
Pending appropriate due diligence, the groups expect to begin operating as one, under the name CHS Primeland, on Sept. 1, 2016. The boards have appointed Ken Blakeman as general manager for the new business. Customers should expect a smooth transition with little change in their day-to-day experience during this time.
As full-service ag retailers, CHS Primeland and CHS Farmers Co-op collectively serve farmers and other customers in 15 counties Washington and Idaho. They are part of CHS Inc. (www.chsinc.com), 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, animal 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.