Cooperative Grain & Supply, Hillsboro, will join forces for the fourth year with CHS Inc., a leading energy and grain-based foods company, to help fund an endowed chair or faculty professorship for cooperative studies at Kansas State University?s Arthur Capper Cooperative Center.
By participating in an innovative equity-transfer program, CG&S has chosen to transfer a portion of its CHS equity to KSU annually.
?We are proud to join with CHS and other Kansas cooperatives in advancing Kansas State?s premier center of excellence in cooperative education,? said Lyman Adams Jr., CG&S general manager.
?We are firm believers in education, and the Arthur Capper Cooperative Center?s presence at the university brings great value to the cooperative system.?
The center, established in 1984, provides research-based information, education and assistance to cooperative members, directors, managers and employees, to students and faculty at educational institutions and to the general public and public officials.
John Johnson, CHS president and chief executive officer, said the company ?is committed to helping build vibrant communities and supporting rural education and youth.
?We value everything that KSU?s Arthur Capper Coopera?tive Center has done to help train and teach our members, employees, families and partners in the area of cooperative business,? he added.
Through the CHS program, member cooperatives can transfer ownership of a minimum of $5,000 of their CHS equity per year to KSU. As the new equity holder, KSU will receive any future cash redemptions the CHS board of directors issues.
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 200 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders across the United States.
The company supplies energy, crop nutrients, grain, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services.
It also operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex brand refined fuels, lubricants, propane and renewable energy products.