Compass Minerals Releases 2007 Annual Report.OVERLAND PARK, Kan. -- Compass Minerals (NYSE NYSE See: New York Stock Exchange : CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information ) today announced that its 2007 annual report entitled "Better. Stronger." has been mailed to its shareholders and is now available in the investor relations section of the company's Web site at www.compassminerals.com. The annual report highlights the benefits of Compass Minerals' continued focus on its strategies to drive sustainable, profitable growth and operational excellence. In his letter to shareholders, Angelo Brisimitzakis, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , notes that Compass Minerals' strong performance in 2007, with record sales, earnings and cash flow and total return to shareholders of nearly 35 percent, "has been driven by the persistent execution of our core business strategies." Those strategies focus on leveraging Compass Minerals' superior assets; proactive pricing built upon commercial excellence; profitable new products, applications and markets; operational excellence; improving the company's financial structure; and making strategic, synergistic acquisitions. The report's narrative section illustrates the ways in which these strategies have been applied in Compass Minerals' businesses. Among the strategic initiatives highlighted in the report is the company's decision to invest in the expansion of production capacity at its rock salt mine in Goderich, Ontario, the largest rock salt mine in the world, and at its sulfate sulfate, chemical compound containing the sulfate (SO4) radical. Sulfates are salts or esters of sulfuric acid, H2SO4, formed by replacing one or both of the hydrogens with a metal (e.g., sodium) or a radical (e.g., ammonium or ethyl). of potash specialty fertilizer operations in Ogden, Utah. Compass Minerals will hold its 2008 annual shareholders' meeting on Thursday, May 8, 2008, at 9:00 a.m. (CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT ) at the Doubletree Hotel Overland Park-Corporate Woods, 10100 College Blvd., Overland Park, Kansas Overland Park is the second most populous city in the U.S. state of Kansas. It is located in Johnson County, a satellite city of Kansas City, and is near Olathe, Lenexa, Prairie Village and Leawood. In 2006, the estimated population is 167,500. . About Compass Minerals Based in the Kansas City metropolitan area, Compass Minerals is a leading producer of inorganic minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. The company provides highway deicing De-icing is the process of removing ice from a surface. Anti-icing is the process of preventing ice from forming on a surface. Deicing can be accomplished by mechanical methods (scraping), through the application of heat, by use of chemicals designed to lower salt to customers in North America and the United Kingdom, and produces and distributes consumer deicing and water conditioning products, ingredients used in consumer and commercial foods, specialty fertilizers, and products used in agriculture and other consumer and industrial applications. Compass Minerals also provides records management services to businesses throughout the U.K. |
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