The Mosaic Company

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The Mosaic Company is a Fortune 500 company based in Plymouth, Minnesota. Mosaic is the combination of two leaders in the fertilizer industry, IMC Global and Cargill.

The Mosaic Company offers three key fertilizer products - phosphate, potash and nitrogen - plus specialty products such as K-Mag and MicroEssentialsTM S15.

Quick Facts

• Mosaic is the world's largest producer of phosphate and second largest producer of potash, two crop nutrients which are primary ingredients in producing fertilizer. The company sold 6,989,000 metric tonnes of fertilizer during its 2007 fiscal year.^[2]
• Mosaic is also the exclusive marketing agent of 1.2 mmt (million metric tons) of nitrogen products
• Employs approximately 7,000 people worldwide
• Mosaic launch date: October 25, 2004
• Formed by merger between Cargill Crop Nutrition and IMC Global
• Corporate headquarters: Minneapolis, Minnesota
• Chairman of the Board of Directors: Robert L. Lumpkins
• Chief Executive Officer and President: James T. Prokopanko
• Operates key distribution facilities in 11 countries which serve customers in 33 countries
• Operates port terminals, warehouses and blending and bagging facilities in nine countries
• Operates 16 phosphate rock mines and plants, five potash production facilities and one nitrogen production facility

The Mosaic Company Timeline

• 2004
• • October: The Mosaic Company launches as the world's second largest crop nutrition firm with the combination of Cargill Crop Nutrition and IMC Global, Inc. The Mosaic Company (NYSE:MOS) begins trading as the newest Fortune 500-sized firm on the New York Stock Exchange.
  • June: Mosaic announced as name for newly-formed company
  • January: IMC Global and Cargill Crop Nutrition enter into definitive agreement

  
  

• 2005
• • September: Mosaic Louisiana operations suffer only minor damage after Hurricane Katrina devastates Texas, Louisiana and Mississippi Gulf Coasts. Mosaic donates $50,000 to the American Red Cross and matches employee donations
  • September: Mosaic closes Kingsford phosphate mine, Mulberry, Florida
  • May: Mosaic begins construction on a 200,000 metric tonne Grannular Single Super Phosphate(GSSP) plant in Quebracho, Argentina
  • April: Mosaic announces 400,000 ton expansion of Esterhazy, Saskatchewan mine
  • April: Mosaic corporate office moves to the Atria Corporate Center, 3033 Campus Drive, Plymouth, Minnesota
  • April: Mosaic opens 50,000 mt/y storage facility with capacity to blend 180,000 ton/yr in Rio Verde, Brazil
  • March: Mosaic opens 50,000 mt/y storage facility with capacity to blend 180,000 ton/yr in Sorriso, Brazil
  • January: Mosaic opens 200,000 mt/yr bulk blending and fertilizer facility in Qinghuangdao, China

  
  

• 2006
• • August: 200,000 metric tonne Grannular Single Super Phosphate (GSSP) plant opens in Quebracho, Argentina
  • July: Jim Prokopanko named Mosaic Chief Operating Officer
  • May: Mosaic closes Green Bay and South Pierce phosphate fertilizer production facilities and Fort Green mine in Central Florida
  • January: Mosaic Esterhazy Mine Fire sets a world-wide example of mining safety when 72 trapped miners are brought safely to surface

[edit] References

1. ^ 20 Top-performing stocks - Mosaic (1) - FORTUNE
2. ^ Mosaic 10-K, Exhibit 13 pg. 9, via Wikinvest Article

[edit] External links

• The Mosaic Company web site

• Mosaic Company Profile at Wikinvest