The Mosaic Company Eyes Hillsborough County, Florida, for Corporate Headquarters
05/16/2018
According to the Hillsborough Economic Development Corporation, “Details of the move, including timing, the exact location of the corporate office and the number of employees to be relocated, remain under consideration.”
“Mosaic is among the largest employers and most significant corporate economic drivers in Central Florida,” said Mosaic President & CEO Joc O’Rourke. “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.”
“We will execute this move with as little disruption as possible and with sensitivity to our employees’ personal situations,” Mr. O’Rourke said. “Mosaic is fortunate to have a deeply talented workforce, and we fully intend to maintain that competitive advantage.”
With over 100 years of phosphate mining history in the U.S., Mosaic is the world’s largest combined producer of potash and phosphates, two vital plant nutrients.
Mosaic has its largest domestic presence in Florida, where it directly employs 3,000 Floridians and an additional 3,000 contractors. In recent years, the company significantly expanded its business into South America, acquiring Archer Daniels Midland Company’s fertilizer distribution business in Brazil and Paraguay in 2014 and Vale Fertilizantes in Brazil in 2018.
“We are thrilled that Mosaic is moving its corporate headquarters to Hillsborough County,” said Sandy Murman, Chair of the Hillsborough County Board of County Commissioners. “Mosaic has had a significant presence here for a century, directly employing thousands of county residents and supporting tens of thousands of jobs related to the phosphate and fertilizer industry and at Port Tampa Bay."
“In addition to helping to drive our local economy, Mosaic has contributed millions of dollars and countless volunteer hours over the past several decades to local nonprofit organizations. We thank Mosaic for strengthening their commitment to our community and look forward to supporting them as they establish their headquarters in Hillsborough County,” she added.
“Recruiting corporate headquarters is a top priority of our three-year strategic plan,” said Alan F. List, MD, Chairman of the Tampa Hillsborough Economic Development Corporation & President and CEO of Moffitt Cancer Center. “Mosaic’s selection of Hillsborough County proves that this community offers the business climate, talent, cost advantages, and quality of life that a Fortune 500 global headquarters operation requires. We will be delighted to welcome Mosaic’s relocated team and look forward to helping them discover everything they need to thrive here.”
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023