Co-op merger could mean more N.D. fertilizer plants

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

Members of Dakota Plains Cooperative, a full-service agribusiness headquartered in Valley City, N.D., voted to approve a merger with CHS Inc., an energy, grains and foods company and the nation's leading farmer-owned cooperative.

The proposal passed with a 92 percent approval and will become effective Jan. 1, 2014, pending appropriate due diligence by both organizations and final approval by the CHS board of directors, according to the two organizations.  

"We are pleased the members could see the same vision and opportunities the board saw in merging with CHS," said Greg Svenningson, Dakota Plains Cooperative board president. "We are excited to partner with the nation's leading cooperative."

"This is a good match for both cooperatives," said John McEnroe, executive vice president, CHS Country Operations. "We are always interested in investments that align with the CHS commitment to helping our farmer-owners grow their businesses."

Patrons of Dakota Plains Cooperative should expect a smooth transition, including continuity of staffing at its locations. Ken Astrup will continue to lead the co-op as general manager, it was announced.

Dakota Plains Cooperative (dakotaplains.coop) will continue offering farmers and ranchers a full line of agronomy, seed, feed, and energy services and products from 15 locations in central and southeast North Dakota.

In urging members of Dakota Plains Co-op to vote in favor of the merger, the board explained that the merger could enhance agronomy assets in the east central area of North Dakota. “Plans under discussion include constructing three new fertilizer plants within the Dakota Plains trade area to take full advantage of the proposed fertilizer manufacturing facility in Spiritwood, N.D., currently under review by CHS,” it was announced.

“Both organizations are looking for growth and expansion opportunities at the same time we protect member equity,” said McEnroe, as the vote to merge was being organized.


Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...


Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


LPV Seed Treater

The LPV Seed Treater has set a new standard boasting three configurable weighing methods for any-sized operation, a standard 42” ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form