OVERLAND PARK, Kan.--(BUSINESS WIRE)--Dec. 7, 2009--
North American Salt Company and Sifto Canada Corp., both subsidiaries of
Compass Minerals (NYSE: CMP), have announced an average price increase
of $6 per ton on all consumer and industrial packaged and bulk mineral
products, including consumer and professional deicing products,
agricultural minerals, salt-based water conditioning products,
industrial minerals, pool salt and food-grade salt. These increases will
be effective with all North American shipments on January 4, 2010, or as
contracts allow.
About Compass Minerals
Based in the Kansas City metropolitan area, Compass Minerals is a
leading producer of minerals, including salt, sulfate of potash
specialty fertilizer and magnesium chloride. The company provides
highway deicing salt to customers in North America and the United
Kingdom and specialty fertilizer to growers worldwide. Compass Minerals
also produces consumer deicing and water conditioning products,
ingredients used in consumer and commercial foods, and other
mineral-based products for consumer, agricultural and industrial
applications. Compass Minerals also provides records management services
to businesses throughout the U.K.
About North American Salt Company
North American Salt Company, a wholly owned subsidiary of Compass
Minerals, sells salt and other minerals to customers throughout the
United States. The company’s products include mined rock salt for
highway and consumer deicing, and high-grade branded and private label
mineral products for consumer and industrial uses.
About Sifto Canada Corp.
Sifto Canada Corp. is Canada’s premier provider and marketer of highway
and consumer deicing salt. Operating the world’s largest rock salt mine
in Goderich, Ontario, Sifto also is a leading producer of high-quality
food salt, water care minerals, agricultural minerals, and many other
consumer and industrial salt and mineral products. Sifto is a wholly
owned subsidiary of Compass Minerals. For more information, visit www.siftocanada.com.
This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on the Company's current expectations and involve
risks and uncertainties that could cause the Company's actual results to
differ materially. The differences could be caused by a number of
factors including those factors identified in Compass Minerals
International's annual report on Form 10-K filed with the
Securities and Exchange Commission on February 20, 2009. The Company
undertakes no obligation to update any forward-looking statements made
in this press release to reflect future events or developments.
Source: Compass Minerals
Compass Minerals
Peggy Landon, 913-344-9315
Director of
Investor Relations and Corporate Communications