Phosphate mining giant The Mosaic Co. is moving its corporate headquarters to Hillsborough County in Tampa Bay from Plymouth, Minn. The statement was short on details, including timing, the exact location of the corporate office and the number of employees to be relocated. All “remain under consideration,” it said.
Mosaic, No. 377 on Fortune 500’s ranking of companies by total revenue, has about 150 employees at its corporate office, company spokesman Benjamin Pratt told the Tampa Bay Times in an email on Monday.
Mosaic currently runs its Florida phosphate operations from a multi-story office building in southeastern Hillsborough. It also has an office to the north near Interstate 75 and Dr. Martin Luther King Jr. Blvd.
“As a result of the company’s transformation over the past several years, excess capacity exists at those locations” as well as the Plymouth headquarters, the statement said.
Mosaic is the world’s largest combined producer of potash and phosphates, two key plant nutrients, and its presence in Florida already is huge, with 3,000 employees, another 3,000 contractors and a Florida payroll of $465 million last year, according to the Times.
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