ST. PAUL, MINNESOTA, U.S. — CHS Inc. announced on Oct. 17 that it has acquired the Tomen Grain facility at Pekin, Illinois, U.S., from Tomen Grain Company, a majority-owned subsidiary of Toyota Tsusho America, Inc (TAI).
“CHS is actively expanding its grain origination base along key, inland river markets,” said Rick Dusek, CHS vice-president, grain marketing-North America. “The Tomen grain handling and barge loading facility on the Illinois River provides additional origination to help supply our Myrtle Grove, La., grain export terminal to meet growing customer demand.”
CHS markets more than 2 billion bushels of grain annually to customers in 60 countries.
Dusek said CHS will buy corn and soybeans from local grain elevators and farmers as well as provide by-product elevation services.
The Pekin facility provides truck to barge loading and storage capacity of more than 150,000 bushels.