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Mosaic announces relocation plans

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World Fertilizer,

Mosaic Co. has announced that it is planning to relocate its corporate headquarters, including senior executives and related functions, to Hillsborough County, Florida, US.

The details of the move, such as timing, exact location and number of employees to be relocated, have not yet been decided, but the move is expected to provide the following benefits:

  • Closer proximity and better access to Mosaic Fertilizantes. The company’s recent acquisition of Vale Fertilizantes doubled the size of its workforce, significantly increased its presence in Brazil, and reinforced the importance of keeping Americas-based business units more closely connected to corporate teams.
  • A continued focus on the potash business with little impact on accessibility for both leaders and team members.
  • Opportunities to amplify Mosaic’s presence in Central Florida and engage more closely with communities where the company operates.
  • Significant long-term cost savings.

Joc O’Rourke, the President and CEO of Mosaic, said: “Mosaic is among the largest employers and most significant corporate economic drivers in Central Florida.

“We believe locating our corporate office there will give us opportunities to amplify Mosaic’s presence and engage more closely with communities where we operate. With the cost savings we expect to achieve and the closer proximity to our Mosaic Fertilizantes business in Brazil, this move will drive improved efficiency and good value.”

The move will enable Mosaic to reconsider its US office footprint, including its spaces in Plymouth, Minnesota, as well as its FishHawk and Highland Oaks locations in Florida. Due to the company’s transformation over the past few years, excess capacity exists at these locations.

O’Rourke added: “We will execute this move with as little disruption as possible and with sensitivity to our employees’ personal situations.

“Mosaic is fortunate to have a deeply talented workforce, and we fully intend to maintain that competitive advantage.”

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