To meet the increasing demand for critical plant nutrients, Simplot’s first phase of expansion projects will increase dry phosphate production by over 30%. These expansion efforts will also provide the foundation for future capacity growth in both liquid and dry fertilizers.
“The initial stage is expected to be operational by early 2014,” said Martin Hunt, vice president of mining & manufacturing for Simplot. “This expansion aligns well with our strategic growth objectives, while helping diversify our product offering,” he said. “A portion of the increased production resulting from these expansion efforts will go to Simplot’s new 40 ROCK branded product.”
The company’s Vernal, UT, mine supplies phosphate ore to the Rock Springs manufacturing facility and is expected to meet the incremental ore volumes for expansion efforts without further investment.
Growing and adapting to meet the needs of a rapidly changing customer is critical to future business success, according to Garrett Lofto, president of the AgriBusiness Group for Simplot. “The need for expansion in agriculture continues to accelerate as the global demand for food, feed, fiber and fuel increases. This expansion is an exciting opportunity for us and we are confident employees at both Rock Springs and Vernal will continue to take our integrated phosphate operation to new levels of success.”
Bill Whitacre, president and CEO of the J. R. Simplot, added “for more than 75 years, the J. R. Simplot Company has played a key role in various sectors of the global food and agriculture system, and our commitment to this responsibility remains unchanged today.”