Who is Cenex owned by?
Who is Cenex owned by?
CHS (formerly Cenex Harvest States Cooperatives) is a diversified energy, grains and foods company owned by farmers, ranchers, cooperatives and thousands of preferred stockholders….CHS Inc.
|Headquarters:||Inver Grove Heights, Minn.|
What kind of product do CHS produce?
The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products. CHS preferred stock is listed on the NASDAQ at CHSCP.
Is Cenex a CHS?
For more than 80 years, Cenex® has been the energy brand of CHS. Today, Cenex provides communities across America with TOP TIER™ gasoline and premium diesel fuels through its network of 1,450 retail locations in 19 states.
Is CHS a private company?
Though CHS is a privately held agricultural cooperative, some of its preferred stock is publicly traded and it makes regular reports to the SEC. CHS (Nasdaq: CHSCO) also announced its most recent year’s report; the company earned $776 million on revenue of $32.7 billion.
What owns Cenex?
CHS supplies energy, crop nutrients, seed, crop protection products, grain marketing services, production and agricultural services, animal nutrition products, foods and food ingredients, and risk management services.
How many Cenex stores are there?
There’s nothing like a friendly Cenex® store to transform a long drive into an adventure. With more than 1,400 locations across 19 states in the U.S., it’s nice to know your favorite snacks, quality fuel and welcome smiles are just around the corner.
Is CHS Inc a good company?
CHS is a solid place to work, but has room for improvement. It is slow to change, and quite old-school. It has a hard time competing for talent with other Twin Cities companies because of it.
What are Cenex stores?
Unlike other convenience stores, Cenex® locations are independently owned and operated, meaning that each station is just as unique as the community it serves. We hit the road to find some of the most unique, and the stations we uncovered truly break the mold.
How many locations does CHS Inc have?
We have retail operations in more than 450 communities in 16 states serving more than 140,000 customers.
What is Cenex premium diesel?
Cenex Premium Diesel Comes with a more complete, terminally injected additive package. Decreases downtime by helping to reduce maintenance and repairs. Restores power by up to 4.5% Restores fuel economy by up to 5%
What happened to Cenex?
HOUSTON — Par Petroleum LLC, a subsidiary of Par Pacific Holdings Inc., has entered into a definitive agreement to acquire 33 Cenex Zip Trip convenience stores in eastern Washington and northwestern Idaho from CHS Inc. for approximately $70 million plus the agreed value of inventory at closing.
Is Cenex a coop?
History. The history of CHS began in 1931 with the founding of the Farmers Union Central Exchange in Saint Paul, Minnesota. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name. In 1998, Cenex merged with Harvest States Cooperatives.
What is the history of Cenex?
Cenex was formed as Farmers Union Central Exchange on January 15, 1931 in St. Paul, Minnesota, by about two dozen local oil cooperatives. According to the Star-Tribune, the venture was founded with a $25,000 loan from the precursor to Harvest States Cooperatives.
What is Cenex powered locally®?
The Cenex ® Powered Locally ® campaign champions the different ways people get things done in their local communities. The Pheasant Capital of the World | Hometown Pride. Powered Locally.®
Why choose Cenex ® oils?
Our lubricants are the smartest oils for the toughest conditions. Cenex ® stores are locally owned and operated so we take pride in the communities where we do business.
What happened to harvest States Cooperatives?
That year, Cenex became a top ten propane supplier with the acquisition of Solar Gas. Harvest States Cooperatives was formed in 1983 by the merger of GTA with NPGG. The 1980s saw a contraction of the farming industry in the United States, and the number of large co-ops fell due to bankruptcies and consolidation.