CHS acquires Kentucky river terminal

Inver Grove Heights, Minn. — CHS Inc. announced on Jan. 25 that it has acquired a crop nutrients river and rail terminal on the Ohio River at Melbourne, Ky. The 60-acre facility was formerly owned by The Mosaic Company and is located at mile 457 on the Ohio River near Cincinnati, Ohio. The terminal includes 27,000 tons of on-site dry fertilizer storage, barge unloading, and rail and truck loading facilities and equipment. Cheryl Schmura, CHS vice president of Crop Nutrients, said CHS will invest in modernizing and upgrading the facility over the next several months. Details of the transaction were not disclosed. CHS contacts told Green Markets the terminal has been idle for several years, so no employees will be transitioning from Mosaic to CHS as part of the acquisition. CHS said it plans for a staff of five to run the terminal when it opens, which is slated for the second half of 2013. “This facility will allow us to expand our services to customers in the eastern region through direct access to the river system,” Schmura said. “It will also provide additional storage and rail capabilities that will help us expand our customer base in the region.” The terminal is located on the CSX rail system, and will store dry N, P, and K fertilizers for CHS.