Home Add to Favorite Contact Submit  
           25 November, 2020


    
Category:  Press » Business

 

CHS Acquires DDG Business of Commodity Specialists Company

Popularity:
         Views: 1703
2007-08-04 14:09:26     
CHS Inc.

CHS (Nasdaq: CHSCP), a leading grains, food and energy company, and Commodity Specialists Company (CSC) have entered into a definitive purchase agreement for CHS to acquire the distillers dried grain (DDG) marketing business of CSC. The transaction has been approved by the boards of both companies and is scheduled to become effective in the coming week. Steve Markham and Sean Broderick, current managers of this operation for CSC, will continue to direct the activity of this unit as employees of CHS.

"For the last 20 years, CSC has successfully focused on being the premier independent DDG marketer in the ethanol industry," said Phil Lindau, CSC co-president. "As volume in the ethanol industry continues to expand rapidly over the next five years, we determined our DDG business would benefit from the resources of a larger entity."

"This DDG business, in addition to providing exceptional sourcing for current CSC customers, also provides an excellent supply complement to CHS grain and by-product customers, both domestically and internationally," said Rick Browne, senior vice president, CHS Grain Marketing. "Putting together CSC's marketing and industry expertise with our global access and established distribution capabilities will enhance the already high level of service and market execution to both ethanol plant suppliers and DDG customers."

CSC (http://www.csc-world.com) is a privately-held Minneapolis-based company and one of the largest by-product feed trading and marketing firms in the U.S. The company continues as a successful niche merchandiser actively involved in a variety of feed products, such as brewer's grain, protein meals, and middle protein products. CSC and its affiliates are also active in the worldwide sugar trade and other niche food products, such as peas and lentils.

CHS Inc. (http://www.chsinc.com ) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives. A Fortune 500 company, CHS is owned by farmers, ranchers and cooperatives from the Great Lakes to the Pacific Northwest and from the Canadian border to Texas, along with thousands of preferred stockholders. CHS provides products and services ranging from grain marketing to food processing to meet the needs of customers around the world. It also operates petroleum refineries/pipelines and, through a broad range of working partnerships, markets and distributes Cenex(R) brand energy products and renewable fuels, along with agronomic inputs and livestock feed to rural America. CHS is listed on the NASDAQ at CHSCP.

Specialized in: Chs - Commodity Specialists - Ddg
URL: http://www.chsinc.com
Print press release      Bookmark this page
Related Press releases 
Chantilly Fire Damage Restoration Company Discusses Roof Tarping (Popularity: ): Chantilly, Virginia ( press.abc-directory.com ) July 21, 2020 - A Chantilly fire damage restoration company, Monumental Contractors, recently released a new educational resource on their website regarding roof tarping and why it is important for storm damage restoration procedures. The contractors hope this new article will be used by homeowners and contractors as an informational tool that helps them understand what roof tarping is and how it is used during ...
Columbia Water Damage Company Educates On Emergency Water Extraction (Popularity: ): West Columbia, South Carolina ( press.abc-directory.com ) June 4, 2020 - Columbia water damage restoration company Kingsley LLC has recently released a new blog on how to tell when you need emergency water extraction. The expert technicians guide the information in the article to help homeowners who have experienced water damage understand the importance of getting it handled quickly and by professionals. They hope the article will help people better ...
Texas Benefits Consultant Releases Employee Benefits Compliance Checklist (Popularity: ): Dallas, Texas ( press.abc-directory.com ) March 20, 2020 - A Texas benefit consultant at Benefit Corp recently created an employee benefits compliance checklist for 2020. As these regulations change frequently, it's important to stay up to date on the latest changes in order to remain compliant and avoid paying penalties.Large companies will need to take note of several changes. They must offer minimum essential coverage that is affordable and meets ...
Northern Virginia HR Consultants Discuss Importance Of Mental Health Days (Popularity: ): Alexandria, Virginia (press.abc-directory) March 13, 2020 - The Northern Virginia HR consultants at Smart HR recently released a blog educating readers on why employers are offering mental health days to their employees. Though this benefit is relatively new, it has a significant positive impact on staff.Most jobs can be stressful due to deadlines, conflicts with coworkers, understaffing, and more. These stresses can have a serious effect on mental health, making ...
Loopys Launches New Addition To Their Super Light Turkish Towel Collection (Popularity: ): Belrose, NSW (abc-directory.com) January 22, 2020 - Loopys has added new designs to their popular Super Light collection of premium Turkish towels. There are several more designs on the pipeline and will be added shortly. To celebrate this, the company has announced a discount on its complete range of products.About The Super Light CollectionThis collection includes white-striped Turkish towels that are very light and thin enough to dry quickly. Their ...

Press release home snapshot 


Related Business 
Commodity Tax (Popularity: ): Commodity Tax Auditing Firm. Professional auditors and commodity tax specialists regularly perform retroactive audits for GST, PST, payroll tax and SR&ED.
Commodity Tips Advisory (Popularity: ): Commodity Tips Advisory is a Delhi based company which is owned by BR Business Services Private Limited. The company has been running proudly for the last four years with qualified, experienced professional technical analytics, also with well educated employees.
Commodity Specialists Company (Popularity: ): Agricultural trading and marketing company. Includes products and services, markets served, and contact information.
Dallas Design Group (DDG) (Popularity: ): Dallas Design Group (DDG) has designed thousands of custom residences in Texas, Florida, California, Georgia and across the United States. Our Design Team’s combination of experience in construction and interior space planning is important when understanding conceptual design and delivering a great product to our customers.
Weekend Breaks In Europe - DDG Retreat (Popularity: ): DDG Retreat is a well known luxury retreat provider offers romantic weekend breaks in Europe for honeymoon couples and innovative honeymoon ideas to put together a number of honeymoon packages.
Ace Commodity Exchange (Popularity: ): Ace Derivatives & Commodity Exchange with over five decades of impeccable experience in commodity trading, has recently transformed itself and established an online multi-commodity platform with a pan-India presence. Focused on servicing the needs of the Indian commodity market, Ace offers cutting-edge technology platform – relevant products and solutions, robust infrastructure and efficient execution; thus combining the global standards of operational efficiency with deep domain expertise within each commodity vertical.
Agricultural Commodity and Corn Prices Today (Popularity: ): Agricultural commodity is necessity commodity in our life and corn commodities play an important key in this field. As an agricultural commodity, corn is used to feed people around the world. As an alternative energy source, corn is fermented and distilled into ethanol as a substitute for traditional gasoline.
Accutrend Corporation (Popularity: ): Acquires all the new business registrations across the nation.
Lotz Trucking (Popularity: ): Bulk commodity specialists based in the Midwest, operates throughout the USA.
Kallier: Physical Commodity Trading House (Popularity: ): Kallier is an independent physical commodity traders. We specialise in the sourcing, trading and financing of metals and minerals. A privately owned independent physical commodity trading and advisory company, trading within metals, minerals and petrochemical market sectors.