OVERLAND PARK, Kan.--(BUSINESS WIRE)--Apr. 28, 2016-- Compass Minerals (NYSE: CMP) reached a three-year agreement with Cote Blanche mine employees represented by USW Local 14425.
'The result of these negotiations highlight the positive relationship we have with our employees,' said Don Brumm, vice president of operations at the Cote Blanche mine. 'The agreement with our employees was successful because of the collaborative efforts of all involved.'
The agreement includes clarifications in mine operations and a benefits package consistent with other U.S. Compass Minerals employees.
'Our goal is to offer competitive compensation and be the employer of choice in the area, and we're happy to be achieving that goal,' said Brumm.
'As a company, our core values influence our behaviors every day,' said Steve Berger, senior vice president of corporate services at Compass Minerals. 'These core values - integrity, respect, collaboration, value creation, and high performance - have helped us improve employee relations and create a positive corporate culture. The negotiations and outcome are clear signs these values have been embraced by our employees at Cote Blanche.'
About Compass Minerals
Compass Minerals is a leading provider of essential minerals that solve nature's challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. Named one of Forbes' 100 Most Trustworthy Companies in America in 2015, Compass Minerals' mission is to be the best essential minerals company by delivering where and when it matters. The company produces its minerals at locations throughout the U.S. and Canada and in the U.K. For more information about Compass Minerals and its products, please visit www.compassminerals.com.
Certain statements in this press release, including without limitation the company's or management's beliefs, expectations or opinions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that predict or describe future events or trends and that do not relate solely to historical matters. We use words such as 'may,' 'would,' 'could,''should,' 'will,' 'likely,' 'expect,' 'anticipate,' 'believe,' 'intend,' 'plan,' 'forecast,' 'outlook,' 'project,' 'estimate' and similar expressions suggesting future outcomes or events to identify forward-looking statements or forward-looking information. These statements are based on the company's current expectations and involve risks and uncertainties that could cause the company's actual results to differ materially. These risks, uncertainties and factors include, but are not limited to, the company's ability to attract and retain skilled personnel or avoid a disruption in the company's workforce.For further information on these and other risks and uncertainties that may affect the company's business, see the 'Risk Factors' sections of the company's Annual Report on Form 10-K for the year ended December 31, 2015. The company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties.
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Source: Compass Minerals
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