ST. PAUL, Minn., March 16, 2017 /PRNewswire/ -- CHS Inc.
(NASDAQ: CHSCP, CHSCO, CHSCN, CHSCM, CHSCL), North America's leading farmer-owned cooperative
and a global energy, grains and foods company, announced today it has purchased Western Co-op Transport Association headquartered
in Montevideo, Minn.
"This acquisition strengthens our position in core markets and will allow us to expand our transportation and logistics
services to create additional value for our owners and customers," said Patrick Hessini, CHS vice
president, transportation and distribution.
Western Co-op Transport Association specializes in bulk liquid transport of products such as petroleum, propane, ethanol and
liquid crop nutrients. Western serves markets in Minnesota, Iowa, Wisconsin and the Dakotas.
Dispatch and routing operations will move to the CHS dispatch office in Rosemount, Minn. The
Montevideo facility will remain in operation as a CHS-owned fleet service center. CHS will begin
serving customer accounts immediately.
CHS (www.chstransportation.com) is an
industry-leading transportation and logistics service provider with one of the nation's largest truck fleets and operations
throughout the U.S. and Canada.
CHS Inc. (www.chsinc.com) is 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.
This document and other CHS Inc. publicly available documents contain, and CHS officers and representatives may from time
to time make, "forward–looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities
Litigation Report Act of 1995. Forward–looking statements can be identified by words such as "anticipate," "intend," "plan,"
"goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar
references to future periods. Forward–looking statements are neither historical facts nor assurances of future performance.
Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of its businesses, future
plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because
forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances
that are difficult to predict and many of which are outside of CHS control. CHS actual results and financial condition may differ
materially from those indicated in the forward–looking statements. Therefore, you should not rely on any of these forward–looking
statements. Important factors that could cause CHS actual results and financial condition to differ materially from those
indicated in the forward–looking statements are discussed or identified in CHS public filings made with the U.S. Securities and
Exchange Commission, including in the "Risk Factors" discussion in Item 1A of CHS Annual Report on Form 10–K for the fiscal year
ended August 31, 2016. Any forward–looking statements made by CHS in this document are based only
on information currently available to CHS and speak only as of the date on which the statement is made. CHS undertakes no
obligation to publicly update any forward–looking statement, whether written or oral, that may be made from time to time, whether
as a result of new information, future developments or otherwise.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chs-acquires-western-co-op-transport-association-300424808.html
SOURCE CHS Inc.