sioux rube Posted August 12, 2015 Share Posted August 12, 2015 http://www.jamestownsun.com/news/local/3815992-updated-governors-reaction-chs-not-building-spiritwoodCarl Casale, CHS president and CEO, announced today that CHS had decided against moving forward with its planned nitrogen fertilizer plant at Spriritwood.Pretty big blow to Jamestown. The plant was to have 2000 workers constructing it and 200 full time employees when up and running at an average salary of 80,000 a year. Lot of new apartments have been put up in town with more on the way but this may put those on the back burner for now. Quote Link to comment Share on other sites More sharing options...
fightingsioux4life Posted August 12, 2015 Share Posted August 12, 2015 (edited) I think part of the problem is there was a fight over access to water for the plant. It involved someone complaining that the project would harm their private lake, which was man-made to begin with.You won't hear any of the stakeholders talk about it, but I think that is the real reason.I hope those people are happy and are enjoying their little lake on a hot day like this. The price was steep and will be paid by others.Anyone else hear something similar? Edited August 12, 2015 by fightingsioux4life Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted August 12, 2015 Share Posted August 12, 2015 Seems the similar planned plant for Grand Forks just got the inside track. I wondered how two could be constructed so near each other. Quote Link to comment Share on other sites More sharing options...
fightingsioux4life Posted August 12, 2015 Share Posted August 12, 2015 Seems the similar planned plant for Grand Forks just got the inside track. I wondered how two could be constructed so near each other. Farmers will always need fertilizer and this is a big agricultural state. Quote Link to comment Share on other sites More sharing options...
UNDBIZ Posted August 12, 2015 Share Posted August 12, 2015 Menards can't be happy. 1 Quote Link to comment Share on other sites More sharing options...
JohnboyND7 Posted August 12, 2015 Share Posted August 12, 2015 http://www.jamestownsun.com/news/local/3815992-updated-governors-reaction-chs-not-building-spiritwoodCarl Casale, CHS president and CEO, announced today that CHS had decided against moving forward with its planned nitrogen fertilizer plant at Spriritwood.Pretty big blow to Jamestown. The plant was to have 2000 workers constructing it and 200 full time employees when up and running at an average salary of 80,000 a year. Lot of new apartments have been put up in town with more on the way but this may put those on the back burner for now.yeah this was going to be great for everyone. BBigbummer. Still a great place to live. Quote Link to comment Share on other sites More sharing options...
JohnboyND7 Posted August 12, 2015 Share Posted August 12, 2015 I think part of the problem is there was a fight over access to water for the plant. It involved someone complaining that the project would harm their private lake, which was man-made to begin with.You won't hear any of the stakeholders talk about it, but I think that is the real reason.I hope those people are happy and are enjoying their little lake on a hot day like this. The price was steep and will be paid by others.Anyone else hear something similar?I'll talk to my dad later. If that's the reason they should be ashamed. 1 Quote Link to comment Share on other sites More sharing options...
sioux rube Posted August 12, 2015 Author Share Posted August 12, 2015 I think part of the problem is there was a fight over access to water for the plant. It involved someone complaining that the project would harm their private lake, which was man-made to begin with.You won't hear any of the stakeholders talk about it, but I think that is the real reason.I hope those people are happy and are enjoying their little lake on a hot day like this. The price was steep and will be paid by others.Anyone else hear something similar?That is part of it. I know the man that owns the "private lake". Went to school with his wife. Going to be interesting on how the city treats him now for the next month or so. Shoot the roads were paved and the pillars were in place for the plant. This really came out of nowhere and curious to know the main reason they backed out. 1 Quote Link to comment Share on other sites More sharing options...
Fetch Posted August 12, 2015 Share Posted August 12, 2015 Let's hope the GF plant stays on track - lower oil/gas prices u would think would help ? Quote Link to comment Share on other sites More sharing options...
choyt3 Posted August 12, 2015 Share Posted August 12, 2015 http://www.businesswire.com/news/home/20150812005542/en/CF-Industries-CHS-Announce-Agreement-Form-Strategic#.Vcui3XFVhBc 1 Quote Link to comment Share on other sites More sharing options...
sioux rube Posted August 13, 2015 Author Share Posted August 13, 2015 Looks like the water supply and the rise in costs to build were the main factors. Also doesn't look like they will build a new plant anywhere else anytime soon as they have invested in other plants to distribute their product.http://www.jamestownsun.com/news/local/3816856-chs-wont-build Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted August 13, 2015 Share Posted August 13, 2015 CHS didn't want the risk of an expensive new plant and CF Industries needed a partner as it had much debt, so both saw each other as natural partners. Also, a urea plant will be built by Regina, so there's a chance their could be overproduction, which nobody wants.http://www.wsj.com/articles/farmer-owned-co-op-chs-to-invest-2-8-billion-in-cf-industries-unit-1439381966 Quote Link to comment Share on other sites More sharing options...
Sioux>Bison Posted August 13, 2015 Share Posted August 13, 2015 The main driver in profitability for these kind of plants is the cost of natural gas which is still low. It is assumed that where you put this plant it will have cheap water available. Once you have to get water from a pipeline from Bismarck your competitors have the advantage. If there was a lake nearby that was blocked from use that could be the reason for the cancellation. CHS has invested a ton of money on granular fertilizer storage around the state so they had to get fertilizer from someone plus CF is the leader in production. I'm glad I didn't apply for a job at the plant! I don't think over supply would be an issue with all the surrounding states that would use this fertilizer Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted August 14, 2015 Share Posted August 14, 2015 The main driver in profitability for these kind of plants is the cost of natural gas which is still low. It is assumed that where you put this plant it will have cheap water available. Once you have to get water from a pipeline from Bismarck your competitors have the advantage. If there was a lake nearby that was blocked from use that could be the reason for the cancellation. CHS has invested a ton of money on granular fertilizer storage around the state so they had to get fertilizer from someone plus CF is the leader in production. I'm glad I didn't apply for a job at the plant! I don't think over supply would be an issue with all the surrounding states that would use this fertilizer Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted August 14, 2015 Share Posted August 14, 2015 Have an incredibly bad feeling for the markets this September. Three billion is a lot for almost any company to spend, and with if turmoil comes to the market again, the Grand Forks and Ŕegina plants won't be built either. Nat gas is incredibly cheap all over North America right now. The main advantage are they are close to markets, so transport costs are minimal. Quote Link to comment Share on other sites More sharing options...
moser53 Posted November 21, 2017 Share Posted November 21, 2017 On August 13, 2015 at 8:33 PM, SiouxVolley said: Have an incredibly bad feeling for the markets this September. Three billion is a lot for almost any company to spend, and with if turmoil comes to the market again, the Grand Forks and Ŕegina plants won't be built either. Nat gas is incredibly cheap all over North America right now. The main advantage are they are close to markets, so transport costs are minimal. SV what are the odds on the 3 billion $ plant breaking ground in the Grand Cities. Slim to none and slim moved to Fargo like parts of UND are about to. Breaking ground. 2 Quote Link to comment Share on other sites More sharing options...
Siouxphan27 Posted November 21, 2017 Share Posted November 21, 2017 39 minutes ago, moser53 said: SV what are the odds on the 3 billion $ plant breaking ground in the Grand Cities. Slim to none and slim moved to Fargo like parts of UND are about to. Breaking ground. Holy digging up two to four-year-old dead conversations Batman. I think this is the third one I've noticed in a week. You think the world is out to get Grand Forks. We get it. 1 Quote Link to comment Share on other sites More sharing options...
moser53 Posted November 22, 2017 Share Posted November 22, 2017 4 hours ago, Siouxphan27 said: Holy digging up two to four-year-old dead conversations Batman. I think this is the third one I've noticed in a week. You think the world is out to get Grand Forks. We get it. Most ignore it. Not happening. In the end will blame Obama. Quote Link to comment Share on other sites More sharing options...
Popular Post cberkas Posted November 22, 2017 Popular Post Share Posted November 22, 2017 4 minutes ago, moser53 said: Most ignore it. Not happening. In the end will blame Obama. I think you need your own topic like Fetch has for your random theories. 6 Quote Link to comment Share on other sites More sharing options...
bincitysioux Posted November 22, 2017 Share Posted November 22, 2017 I am a farmer so I'd like to see it happen. Given my ties to the Grand Forks area, I'd love even more to see it happen there. A project like this would be a windfall for the community, not just during construction, but for decades to come. It would probably be among the top employers in the county along with UND and Altru. The way that CHS pulled out of the Spiritwood project though, gives me little hope that this will happen. If CHS can't pencil it out, I have my reservations that a bunch of private investors can make something of this scale work. It isn't moving to Fargo either IMO. We will just keep importing our fertilizer from China. Apparently that is cheaper. American labor is just too expensive. Quote Link to comment Share on other sites More sharing options...
NoiseInsideMyHead Posted November 22, 2017 Share Posted November 22, 2017 41 minutes ago, bincitysioux said: It isn't moving to Fargo either IMO. We will just keep importing our fertilizer from China. Apparently that is cheaper. American labor is just too expensive. There's enough fertilizer on this website to last a generation or two. 4 Quote Link to comment Share on other sites More sharing options...
Siouxphan27 Posted November 22, 2017 Share Posted November 22, 2017 It was more cost effective for CHS to purchase a share of CF Industries to secure fertilizer needs than to go ahead with the Spiritwood project. Better sell your house now and move to Fargo, Moser, before Grand Forks is a ghost town and all property is worthless. Quote Link to comment Share on other sites More sharing options...
bincitysioux Posted November 22, 2017 Share Posted November 22, 2017 CHS and CF do have distribution facility in Grand Forks, just worth noting............................. Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted November 22, 2017 Share Posted November 22, 2017 Happen to believe that the Grand Forks fertilizer plant will get built if the corporate income tax is reduced. An added benefit is the all kinds of foreign profits can be repatronized, which will create more investment money is the US. 1 Quote Link to comment Share on other sites More sharing options...
andtheHomeoftheSIOUX!! Posted November 22, 2017 Share Posted November 22, 2017 Dakota Gasification's new urea plant is almost complete. Quote Link to comment Share on other sites More sharing options...
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