HUTCHINSON, Kan. (KSNW) — CHS, Inc in Hutchinson is closing immediately, according to a company spokesperson.
On Friday, the company said they have been trying to sell the Hutchinson plant for the past 11 months. 77 workers will lose their jobs and the spokesman said those employees will be paid through the end of January.
According to the company’s website, The plant produced textured soy proteins, an ingredient used as a nutritional supplement in processed foods containing meat, and in snacks and health foods.
Below is a statement issued by the company:
In recent months, Jay Debertin, CHS CEO, shared strategic priorities for CHS with employees and our member-owners. Primary among these is restoring financial flexibility for CHS, which includes reviewing all company assets to determine which are a strategic fit for CHS now and into the future.
As part of its broader FY18 CHS priorities of restoring financial flexibility and positioning the company, its owners and other stakeholders for long-term success, CHS has ceased production at, and permanently closed, soybean processing facilities at Hutchinson, Kan., and Creston, Iowa, and closed its Innovation and Technology Center at Eagan, Minn.
CHS will continue to focus on operations which are more closely aligned with other CHS commodity-based core businesses.
CHS remains committed to helping its owners strengthen and grow their operations.