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
Austrian-Based Kronospan Expands Oxford, Alabama, Operations
05/30/2023
TiiCKER Expands Grand Rapids, Michigan, Operations
05/30/2023
Hanon Systems Establishes Bulloch County, Georgia, Operations
05/26/2023
GE Vernova Expands Schenectady, New York, Operations
05/26/2023
Southern Rock Energy Partners Plans Cushing, Oklahoma, Crude Oil Refinery
05/26/2023
ForwardEdge ASIC Establishes St. Paul, Minnesota, Operations
05/26/2023
Most Read
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
Life Science Conversions in Real Estate
Q2 2023