named cenex see centre of excellence for low carbon and fuel cell technologies chs inc. type secondary agricultural cooperative traded as nasdaq chscp industry wholesale agriculture products fuels founded 1931 as farmers union central exchange headquarters inver grove heights minnesota united states key people carl casale ceo revenue 34.6 billion 2015 operating income 715 million 2015 net income 780 million 2015 total assets 15.2 billion 2015 website www.chsinc.com chs inc. is a fortune 100 business owned by united states agricultural cooperatives farmers ranchers and thousands of preferred stock holders . based in inver grove heights minnesota 1 it owns and operates various food processing and wholesale farm supply cenex brand fuel financial services and retail businesses and is a co owner of ventura foods a vegetable oil processor . it is ranked 1st on the national cooperative bank co op 100 list of mutuals and cooperatives ranked by 2012 revenue and 69th by 2012 revenue in the fortune 500 2013 list of united states corporations . 1 2 3 contents 1 history 2 products and services 3 references 4 external links history edit chs today is the result of many mergers of farmer owned cooperatives . significant events include the following . in 1931 farmers union central exchange was founded in saint paul minnesota . that core cooperative company later became cenex a combination from the last two words in its former name . 4 in 1998 cenex merged with harvest states cooperatives to form cenex harvest states . 4 in 2003 the cooperative changed its legal name to chs inc. with cenex becoming the name of the energy brand . 4 john johnson was the president and ceo . johnson began his career with former harvest states in 1976 as a feed consultant in the gta feeds division later becoming regional sales manager director of sales and marketing and general manager of gta feeds . he retired from chs inc on december 31 2010 . 5 carl casale is the current president and ceo . carl casale became president and chief executive officer of chs inc. jan. 1 2011 after a 26 year career in agribusiness . in november 2011 chs acquired israeli tase listed soy protein company solbar industries for 133 million . 6 harvest states cooperatives was the largest recipient of federal farm subsidies in minnesota between 1995 and 2012 having received over 48 million mostly in the form of commodity subsidies . 7 products and services edit cenex gas station in miles city montana . chs activities include grain merchandising and transportation sunflower and soybean processing wholesale fertilizer animal feed production and sale and various farm supply . 1 it is also the manufacturer of cenex brand gasoline and diesel products from refineries in laurel montana and mcpherson kansas . through wholly owned subsidiaries it sells property casualty insurance group health benefits agricultural financing and commodity brokerage services . 1 chs also has a joint venture with mitsui & co. called ventura foods llc that manufactures and distributes vegetable oil based products such as margarine and cooking oil . ventura foods owns and distributes the consumer brands homade chili sauce dean s dips and marie s dressings . 1 references edit a b c d e techcorr s clients s partial list . techcorr.com . 2010 ncb co op 100 pdf . national cooperative bank . fortune 500 103 chs . fortune . time inc. 2011 05 23 . retrieved 2011 10 05 . a b c history of chs inc. at chsinc.com press release chs ceo johnson to retire at year end . wall street journal . retrieved 2010 07 01 . dead link chs to acquire israeli soy protein company solbar industries for 133m . wall street journal . november 23 2011 . farm subsidies in minnesota . environmental working group . external links edit historical records of the farmers union central exchange are available for research use at the minnesota historical society . chs inc. sec filings for chs inc. global 300 nasdaq listing for chscp fortune 500 list v t e minnesota based corporations fortune 500 corporations by size unitedhealth group target best buy supervalu chs 3m u.s. bancorp medtronic general mills xcel energy ameriprise financial c. h. robinson worldwide mosaic hormel thrivent financial for lutherans ecolab st. jude medical nash finch other public companies pentair valspar patterson companies securian financial group regis polaris industries toro deluxe donaldson fastenal federated mutual insurance company mts systems corporation major non public corporations alphabetically andersen cargill carlson holiday stationstores land o lakes schwan food company securian financial group related topics list of companies based in minneapolis saint paul v t e major convenience stores in north america canada 7 eleven circle k cst brands couche tard irving mac s convenience stores needs convenience on the run pioneer provi soir quickie convenience stores honduras circle k mexico 7 eleven circle k oxxo super city tiendas extra united states 7 eleven a plus abc stores albertsons allsup s ampm casey s general stores cenex chevron circle k convenient food mart cst brands cumberland farms dairy barn dari mart exxon famima gate petroleum getgo getty go mart high s dairy store holiday jr. food mart jr. food stores kum & go kwik fill red apple country fair kwik trip kwik star kroger convenience stores kwik shop loaf n jug quik stop smith s express tom thumb turkey hill lawson love s travel stops & country stores mapco express minit mart mobil mart on the go on the run the pantry pdq food stores pilot flying j pilot food mart plaid pantry quality dairy company quick chek quiktrip racetrac raceway road ranger roady s truck stops royal farms rutter s sheetz speedway stewart s shops stripes convenience stores stuckey s superamerica tedeschi food shops thorntons inc. tom s convenience store town pump travelcenters of america united dairy farmers wawa food markets weigel s former becker s bp connect town & country food stores uni mart 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