PASCAGOULA, Miss. (AP) — Mississippi Phosphates Corp. is closing its administrative headquarters in Madison and consolidating all operations at Pascagoula manufacturing facility.
The company made the announcement Friday.
CEO Jim Sherbert says in the news release that the move will allow the company to increase efficiency and eliminate costs associated with maintaining a remote headquarters.
Mississippi Phosphates makes sulfuric acid and phosphoric acid to produce diammonium phosphate, or DAP, fertilizer. The plant employs more than 200 in Pascagoula.
The plant has been in Pascagoula since 1958 and consists of two sulfuric acid units, a phosphoric acid unit and a DAP granulation unit that can produce 850,000 tons a year. The sulfuric acid units have the capacity to produce sulfuric acid sufficient for annual DAP production of about 600,000 to 640,000 tons.