Compass Minerals Ups Rock Salt

Compass Minerals says that it will spend $15 million to increase rock salt capacity by 1 million tons/year at its Goderich, ON mine—the second phase of a two-phase expansion announced last year. The company says it expects the added capacity to be online during 2009, and fully operational in 2010. “While demand for highway deicing salt fluctuates with the severity of winter weather, there is good underlying long-term growth in the Great Lakes region,” says Angelo Brisimitzakis, president and CEO at Compass Minerals. The first phase of the...

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