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CHS,UFA collaborate on crop inputs in Canada
Oct. 16, 2015
CHS Inc.
United StatesFollow
United States
American grain handler, energy company and farm input retailer CHS Inc. is expanding its presence north of the border.
The company’s Canadian subsidiary, CHS Canada, announced that it has signed a letter of intent to enter a joint venture partnership with Alberta’s UFA.
The joint venture, which will operate under the name Bridgeland, will serve farmers in Alberta’s Peace River region and will sell a variety of crop inputs including seed products, farm chemicals and fertilizer as well as agronomic services.
Bridgeland will operate independent of the UFA’s co-operative structure and will be governed by a board consisting of two directors from UFA and two from CHS.
Bridgeland’s first physical facility will be a fertilizer plant located south of Sexsmith, Alta.
The plant will be a high-speed blending and storage facility with UFA and CHS Canada holding an equal 50 percent ownership stake.
The Sexsmith facility will have storage capacity of 5,350 tonnes and will include a rapid-load out system capable of loading a 45 tonne Super B in 10 minutes.
Source: CHS
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