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CHS Gives $100,000 to Laurel for City Flood Protection
CHS Gives $100,000 to Laurel for City Flood Protection -- ST. PAUL, Minn., July 22, 2011 /PRNewswire/ --
CHS Gives $100,000 to Laurel for City Flood Protection
ST. PAUL, Minn., July 22, 2011 /PRNewswire/ -- CHS Inc. (Nasdaq: [ CHSCP ]), a leading energy, grains and foods company, announced today it is contributing $100,000 to Laurel, Mont., to support construction of permanent flood protection for the city's water treatment facility. The city was forced to build a temporary dike around the facility when Yellowstone River flooding threatened the water treatment plant.
"As a company owned by farmers and ranchers and the nation's largest cooperative refinery, CHS has had a strong presence in the Laurel community for more than 80 years," said Carl Casale, CHS president and chief executive officer. "We recognize the significant impact the flooding has had on so many individuals and communities throughout the region. With this contribution, we are pleased to support the construction of permanent flood protection for the city of Laurel's water supply."
CHS Senior Vice President Energy Operations Dan Knepper presented the CHS contribution to city officials.
In addition to its Laurel-based refinery, pipelines and terminal operations, CHS provides a wide array of agriculture and energy products and services to its member-owner farmers and ranchers, locally-owned cooperatives and consumers throughout Montana.
CHS Inc. ([ www.chsinc.com ]) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world. A Fortune 100 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders across the United States. CHS 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 Cenex® brand refined fuels, lubricants, propane and renewable energy products. CHS is listed on the NASDAQ at CHSCP.
This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2010, which can be found on the Securities and Exchange Commission web site ([ www.sec.gov ]) or on the CHS web site [ www.chsinc.com ].
SOURCE CHS Inc.
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