CHS Invests More than $175 Million in Grain Facilities

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Researched by Industrial Info Resources (Sugar Land, Texas)--CHS North America (St. Paul, Minnesota) is investing more than $175 million in more than a dozen capital projects to build new grain-handling and storage facilities and to expand the capacities of existing facilities. Projects range in investment value from $1 million to $50 million and include grain elevator storage capacity expansions, several train shuttle loading facilities, and the expansion of a large terminal in Washington. While some of the projects are still in the development phase, construction is under way at five sites, and the latest project is scheduled for completion in the fall of 2014.

One example of CHS's expansion plans is the construction of a new, $20 million grain terminal and rail spur in North Dakota. The terminal is planned to have a 1.6 million-bushel capacity and is to be capable of loading 110-car shuttle trains (340,000 bushels). Construction began last year, and it is scheduled to be brought online this fall.

In Nebraska, CHS will expand the storage capacity at three elevators and build a train shuttle loading facility.

CHS Incorporated (NASDAQ:CHSCP) (Inver Grove Heights, Minnesota), a leading agribusiness firm and Fortune 100 company, is a leading global agribusiness owned by farmers, ranchers and cooperatives across the U.S. Diversified in energy, grains and foods, CHS is committed to helping its customers, farm owners and other stakeholders grow their businesses through its domestic and global operations.

Industrial Info's database of active capital and maintenance expenditures in the Food and Beverage Industry across North America and the Sugar Processing Industry and Water Desalination Segment worldwide has current expenditures of $42.3 billion and more than 2,000 active projects. The North American portion comes out to more than 1,300 active projects that total more than $24.7 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.