| Type | Agricultural cooperative |
|---|---|
| Founded | 1931 |
| Headquarters | Inver Grove Heights, Minnesota, United States |
| Key people | John D. Johnson, CEO |
| Industry | Wholesaling Fuels |
| Revenue | $17.2 billion▲ (2007)[1] |
| Operating income | $750 million▲ (2007)[1] |
| Total assets | $6.7 billion (2007)[1] |
CHS Inc. is a Fortune 500 holding company for a system of United States agricultural cooperatives. Its activities include the manufacture of Cenex brand gasoline and diesel products at its refineries in Laurel, Montana and McPherson, Kansas.
It was ranked 12th on the ICA Global 300 2007 list of mutuals and cooperatives (ranked by 2005 revenue), and 145th (by 2007 revenue) in the Fortune 500 2008 list of United States corporations.[2][1] CHS is the 13th largest convenience store chain in the United States.[2]
History
In 1931 Farmers Union Central Exchange was founded in Saint Paul, Minnesota. That core cooperative company later became Cenex, a combination from the last two words in its former name.[3]
In 1998, Cenex merged with Harvest States Cooperatives to form Cenex Harvest States.[3]
In 2003, the merged cooperative company shortened its legal name to CHS Inc., with Cenex becoming the holding company's energy brand.[3]
References
- ^ a b c d "Fortune 500: 145 CHS". Fortune (CNN). 2008-05-05. http://money.cnn.com/magazines/fortune/fortune500/2008/snapshots/2999.html. Retrieved 2008-09-15.
- ^ a b "The 2007 Global 300 Listing" (pdf). International Co-operative Alliance. http://www.global300.coop/sites/global300.coop/files/Global300List07.pdf.
- ^ a b c History of CHS Inc.
External links
- Historical records of the Farmers Union Central Exchange are available for research use at the Minnesota Historical Society.
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