August 11, 2011
CHS and Cargill in discussions to expand scope of TEMCO
Press Release
Cargill and CHS Inc. announced the two agribusiness companies are in discussions to expand the scope of TEMCO LLC, to include other Pacific Northwest export assets owned by the companies.
TEMCO, which operates an export facility in Tacoma, Washington, is owned equally by CHS and Cargill, and currently exports corn, soy and milo to Asia Pacific markets.
Cargill and CHS both said that the TEMCO joint venture has been successful and that they are considering expanding the scope in anticipation of continued demand for wheat, feed grains, oilseeds and by-products into Asia.
