CHS Inc.

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For the UK government agency also named Cenex, see Centre of Excellence for Low Carbon and Fuel Cell Technologies
CHS Inc.
Secondary agricultural cooperative
Traded asNASDAQCHSCP
ISINUS12542R2094 Edit this on Wikidata
IndustryWholesale agriculture products
Fuels
Founded1931 as Farmers Union Central Exchange
Headquarters,
Key people
Jay Debertin (CEO)
RevenueIncrease US$32.683 billion (2018)[1]
Increase US$457 million (2018)[1]
Increase US$776 million (2018)[1]
Total assetsIncrease US$16.381 billion (2018)[1]
Total equityIncrease US$8.156 billion (2018)[1]
Number of employees
10,495 (August 2018)[1]
Websitewww.chsinc.com

CHS Inc. is a Fortune 100 business owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders. Based in Inver Grove Heights, Minnesota, it owns and operates various food processing and wholesale, farm supply, Cenex brand fuel, financial services and retail businesses, and is a co-owner of Ventura Foods, a vegetable oil processor.

It is ranked 1st on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives (ranked by 2012 revenue), and 96th (by 2017 revenue) in the Fortune 500 2018 list of United States corporations.[2]

A Cenex gas station in Gillette, Wyoming

History[edit]

The history of CHS began in 1931 with the founding of the Farmers Union Central Exchange in Saint Paul, Minnesota. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name.

In 1998, Cenex merged with Harvest States Cooperatives to form Cenex Harvest States.

In 2003, the cooperative changed its legal name to CHS Inc.

References[edit]

  1. ^ a b c d e f "CHS Inc. 2018 Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. February 2019.
  2. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved 2018-11-10.

External links[edit]