August 3, 2010

CHS and Farmers Elevator of Lowder explore business partnership

CHS Inc., a Fortune 100 energy, grains and foods company, and Farmers Elevator Company of Lowder, headquartered in Lowder, Ill., have finalised the sale of Lowder's agronomy and grain operations to CHS.

Lowder stockholders voted to approve the sale July 31; the CHS board of directors approved the transaction earlier in the month.

Effective August 9, 2010, the new business will operate under the name CHS with Greg Dolbeare serving as general manager.

"Our commitment to area producers remains unchanged," said John McEnroe, CHS senior vice president. "We are focused on expanding market access for our customers' grain and providing agronomic products and services that will add value for the producers in the Lowder and Auburn trade area."

Farmers Elevator Co of Lowder has provided Illinois farmers and landowners with grain services and agricultural products and services from locations in Lowder and Auburn.