Canadian fertilizer producer Nutrien to keep Saskatchewan base: premier – by Rod Nickel (Reuters Canada – January 4, 2018)

https://ca.reuters.com/

WINNIPEG, Manitoba (Reuters) – Nutrien Ltd, the fertilizer company formed this week by a merger of Potash Corp of Saskatchewan and Agrium, has committed to establishing its head office in the Canadian province of Saskatchewan and increasing corporate office jobs there, Saskatchewan premier Brad Wall said on Thursday.

Wall said that in recent meetings, Nutrien’s leading executives agreed to increase corporate office positions in Saskatchewan by 15 percent, to 300.

Saskatchewan is home to all of Nutrien’s operating potash mines, and the provincial government sets royalties and taxes on production. The location of top executives has long been politically sensitive as many were once based in Chicago.

Nutrien is the biggest global fertilizer producer by capacity, and has the largest U.S. network of farm retail stores.

Nutrien committed that its chief executive “and/or” its executive chair and president of potash operations will live in Saskatchewan, Wall said in a statement.

For the rest of this article: https://ca.reuters.com/article/businessNews/idCAKBN1ET23F-OCABS

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