CHS and Wildcat Minerals Partner to Co-Locate Transload and Rail Facilities
Date Posted: September 4, 2013
St. Paul, MN—CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods company, and Wildcat Minerals LLC, the nation's leading independent distributor of oilfield consumables, announced Sept. 4 the formation of a strategic partnership to develop transload terminals alongside CHS-owned grain and agronomy operations across the United States.
CHS and Wildcat expect the co-location of multiple Wildcat terminals at existing CHS rail facilities by year-end.
"We are looking forward to building this partnership and providing another opportunity to help our owners grow," said John McEnroe, executive vice president, CHS Country Operations.
"We are excited to have CHS as a strategic partner as Wildcat further expands our terminal network in unconventional oil and gas basins," said Pete Melcher, chief operating officer, Wildcat Minerals.
"CHS offers ideal locations for new facilities and is another example of how Wildcat is leveraging its terminal network and real-time logistics tracking systems to land oilfield consumables closer to the well head. The partnership with CHS offers us the flexibility to respond to evolving customer demand in key unconventional oil and gas basins."
"Given the seasonality of the grain and agronomy seasons, we recognize that our rail terminals can also be utilized to support the explosive growth of the unconventional shale plays throughout our geography in the United States," said Richard Payne, business development manager with CHS Country Operations.
"Wildcat Minerals is a name synonymous with quality and excellence in oilfield material supply chain and a partner any company would be proud to have a relationship with."
For more information, call 651-355-4523.