OVERLAND PARK, Kan., Jan 19, 2010 (BUSINESS WIRE) -- Compass Minerals (NYSE: CMP) has added a "Snow Events" page to its website at
www.compassminerals.com/marketdata to help investors better understand the relative severity of winter weather within the company's primary North American deicing region.
"Our goal is to give investors a simple tool that provides some insight into weather events that can influence the results of the company's salt segment," said Angelo Brisimitzakis, Compass Minerals president and CEO.
The new report, which will be updated promptly following each winter quarter, will list the number of 24-hour periods during the quarter in which snowfall exceeded one inch in 11 key cities within the company's primary North American deicing service area. The report will show the number of snow events in each of the 11 key cities, the aggregate number of events in the quarter, and the mean average of snow events for the prior 10 years.
Summary of Snow Events in Selected Cities
October - December |
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1999-2008
Average |
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2009 |
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2008 |
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2007 |
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2006 |
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2005 |
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| Total Snow Events |
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48.5 |
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42 |
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80 |
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56 |
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20 |
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68 |
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These events may not directly correlate to Compass Minerals' deicing results due to a variety of factors, including the relative significance of the cities represented. The data should be used only as an indicator of the year-to-year variations in winter weather conditions across the company's primary North American service area. The weather data is drawn from the National Weather Service and Environment Canada without weighting or other adjustments.
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.
SOURCE: Compass Minerals
Compass Minerals
Rodney L. Underdown, 913-344-9395
Chief Financial Officer
or
Peggy Landon, 913-344-9315
Director of Investor Relations and
Corporate Communications