Grainnet

CHS and Triangle Ag LLC Form Agronomy Partnership

St. Paul, MN—CHS Inc., a leading energy and grain-based foods company, announced June 24 it has formed a joint venture with Triangle Ag LLC, Ulen, MN.

Under the agreement, CHS and Triangle Ag will combine agronomy services throughout central and east central North Dakota, including construction of a 25,000-ton crop nutrients plant with the ability to receive 110-rail car shipments near Hannaford, N.D.

A crop protection product and seed distribution center will also be part of the joint venture.

"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, 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."

"Consolidating operations will eliminate duplication of assets and add efficiency for producers," said Wes Roll, general manager and chief operating officer, Triangle Ag LLC.

"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."

Construction of the crop nutrients facility is expected to begin following the required permitting process.

Plans call for the plant to be completed by spring 2009.

Financial terms were not disclosed.

For more information, call 651-355-4946.