CHS Inc.
CHS Inc. is a Fortune 100 company that is owned by farmers, ranchers, and cooperatives across the United States. The company operates in the sectors of agriculture, energy, and food production, providing a wide range of products and services to its members and customers.
History
CHS Inc. was founded in 1929 as the Northwestern Grain Cooperative. The cooperative was formed to provide farmers with a reliable source of fertilizer. Over the years, the cooperative expanded its operations to include grain marketing, energy, foods, and food ingredients.
In 2003, the cooperative changed its name to CHS Inc. to reflect its diversified operations. Today, CHS Inc. is one of the largest cooperatives in the United States, with revenues exceeding $30 billion.
Operations
CHS Inc. operates in three main sectors: agriculture, energy, and food production.
Agriculture
In the agriculture sector, CHS Inc. provides a variety of services to farmers and ranchers, including grain marketing, crop nutrients, and animal feed. The company also operates grain elevators and crop input locations across the United States.
Energy
In the energy sector, CHS Inc. refines, wholesales, and retails petroleum products. The company operates refineries in Montana and Kansas, and distributes its products through a network of pipelines, terminals, and retail outlets.
Food Production
In the food production sector, CHS Inc. produces and markets food ingredients, such as vegetable oils, flour, and proteins. The company also operates food processing plants in the United States and abroad.
Governance
CHS Inc. is governed by a board of directors elected by its member-owners. The board sets the strategic direction of the company and oversees its operations.
See Also
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