|Grainland merger with CHS effective last week|
|Written by Chris Lee|
“I’m very excited,” Grainland Cooperative CEO Rick Unrein said of the recent merger with regional coop CHS Inc.
Grainland Cooperative’s merger with CHS became effective last week and business was officially conducted under the merger Monday, June 27.
“It’s going great,” Unrein said. He said there is a lot to do during the first two weeks of such a transition.
Employees have gone through all the inventory and have also begun working on computer changes.
“Our employees have been working really hard,” Unrein noted. He also said a crew of 17 people from CHS was in Holyoke this past week helping with the transition.
Grainland will continue to operate under the same name.
Grainland’s membership voted toward the end of April to approve a merger with CHS Inc., a Fortune 100 energy, grains and foods company.
The proposal passed with 67 percent approval and became effective last week.
Unrein said the next 10 years and beyond in agriculture excite him. “I hope we can really produce for our owners in the future,” Unrein said.
Grainland Cooperative (www.grainland.coop) provides agronomy, feed, grain and energy products and services from Colorado locations in Holyoke, Amherst, Fleming, Haxtun, Julesburg, New Haven and Stateline.
CHS Inc. (www.chsinc.com) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world.
A Fortune 100 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders across the United States.
CHS supplies energy, crop nutrients, grain, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services.
The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products. CHS is listed on the NASDAQ at CHSCP.
Holyoke Enterprise July 7, 2011