The combination of a high valuation and a long construction period has made determining the value of tax incentives for the proposed CHS nitrogen plant in Spiritwood (N.D.) Township difficult, according to Casey Bradley, auditor and chief operating officer for Stutsman County.
CHS Inc. is offering nearly 17 million shares of stock with a possible intended purpose of partially funding the anticipated construction of a nitrogen fertilizer manufacturing plant in Spiritwood, according to Lani Jordan, director of corporate communications for CHS.
CHS Inc. of St. Paul on Friday announced it will spend a total of $50 million on several projects in northeast North Dakota and northwest Minnesota, including a grain terminal and shuttle train loader in Langdon, N.D., and a fertilizer depot at Erskine, Minn.
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