BISMARCK, N.D. (AP) – A global agribusiness and a central North Dakota farmer-owned cooperative say they plan to build a fertilizer warehouse in Hamberg.
CHS Inc. and Fessenden Cooperative Association announced Wednesday they have formed a 50-50 joint venture company to build and operate the warehouse. They say the facility will be able to store 28,000 tons of nitrogen, potassium, sulfate, phosphorus and micronutrients. It will also have product blending capabilities.
The new warehouse in Hamberg will primarily serve the retail business of the cooperative’s farmers. CHS will also serve its nearby wholesale customers from this location.
This is the second major partnership between the two organizations. They built a greenfield grain shuttle loading facility on the BNSF Railway line in Hamberg last year.
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