CHS, a producer-owned co-op, and Iowa-based Consumers Supply Distributing Co., announced they will form a livestock and pet food manufacturing and wholesale distribution company.
The new entity will be go by the name Consumers Supply Distributing, LLC, and will be based at Sioux City, Iowa.
It will offer the CHS feed brands, along with the broad range of livestock and companion animal products currently carried by Consumers Supply Distributing.
CHS Nutrition currently operates 11 feed manufacturing plants – along with a premix plant in Shenandoah, Iowa, and a liquid feed plant Marshall, Minnisota.
CHS will retain feed manufacturing and distribution operations independent of the new entity.
CHS Nutrition, which will remain separate from the newly formed entity, will pay cash for its 50 percent ownership of the LLC. Consumers Supply Distributing will contribute its assets at its two Iowa locations.
The LLC will have a six-person board of directors, with three representatives from each of the owners.
Consumers Supply Co. is a wholesale distributor of feed ingredients, amino acids, pharmaceuticals, premixes and specialty products.
CHS, a co-operative listed in Fortune 500, 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 brand refined fuels, lubricants, propane and renewable energy products.