Grains and foods company CHS has expanded its oilseed processing capacity with the acquisition of Northstar Agri Industries canola processing and refining plant from PICO Northstar Hallock.
Located in Hallock, Minnesota, the plant is capable of processing over 400,000 tons of canola seed into canola oil and canola meal annually.
The Hallock facility will be rebranded as CHS and its 57 employees will become a part of CHS.
CHS Processing and Food Ingredients vice president Tom Malecha said: "Acquisition of Northstar Agri Industries adds value to CHS owners across the enterprise from inputs to value-added processing ingredients to the marketplace.
"Specifically, the acquisition expands our oilseed processing platform to include canola in addition to soybeans, adds to CHS presence in Canada, expands CHS oil product offerings to global food companies, and links growers purchasing canola seed from CHS-owned retail outlets to an integrated supply chain."
CHS supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services.
