| Mosaic is a new company that is already steeped in history. By combining the strengths of IMC Global and Cargill Crop Nutrition, we have inherited their rich legacies. Both companies have been recognized around the world as leaders in the fertilizer industry for decades.IMC Global dates back almost 100 years to 1909 when entrepreneur Thomas Meadows started in the phosphate mining business. In 1940 the company mined 50,000 tons of potash from its Carlsbad, New Mexico plant; last year, IMC Global mined approximately 1.7 million tons from the same location, helping the company earn $2.2 billion in revenues in 2003.
It was a grain backhaul opportunity that launched Cargill Crop Nutrition in the 1960s. Product was needed to fill empty barges to make a profitable round-trip, so Cargill, already a leading agribusiness company, entered the fertilizer industry. From there the division grew to become one of the world's top producers of phosphate and nitrogen fertilizer.
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