Compass Minerals International, Inc. (CMP) is a leading producer and supplier of essential minerals, primarily serving the agricultural, industrial, and consumer markets. Founded in 1844 and headquartered in Overland Park, Kansas. The company operates in two primary business segments:
- Salt: Compass Minerals is one of the largest salt producers in North America, with operations in the United States, Canada, and the United Kingdom. The company’s salt products are used for various applications, including road deicing, water conditioning, food processing, and industrial processes. Compass Minerals owns and operates the world’s largest rock salt mine, located in Goderich, Ontario, Canada.
- Plant Nutrition: The Plant Nutrition segment focuses on producing and marketing specialty plant nutrition products, primarily sulfate of potash (SOP) and micronutrients. These products are used to improve crop yield, quality, and resistance to environmental stress. Compass Minerals’ plant nutrition products are marketed under the brand names Protassium+, Wolf Trax, and Rocket Seeds.