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Business report on Agrium company - Research Paper Example

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The company was formed as a unit of business within another company’s corporate structure. This consolidated miner Cominco is what later in 1995 came to be known as Agrium Inc. the company’s involvement in fertilizers started in 1931 when it still had its initial name, Cominco. In the year 1965, the company began its production of nitrogen fertilizers in Nebraska; and in the successive years, it expanded its nitrogen fertilizer production to Borger and Texas (1968). In 1969, a facility that mined Potash was established by the company in Saskatchewan and in 1977, the company began its nitrogen operations in Alberta and Carseland (www.referenceforbusiness.com 1). The company’s headquarters are located in Calgary, Alberta in United States of America where it has a dozen of plants. However, the company also possesses an investment of 50% in a fertilizer production facility in Argentina. The company has 206 retail shops located in the United States of America. It is through these retail outlets that the company sells its products (www.referenceforbusiness.com 1). . The company’s gross investment is worth $10 billion. A major drive to the company’s overwhelming success in its operations is its wide investment in its operations (exclusive) and in the operations of other companies dealing in fertilizer production as a major share holder. ...
. Products and markets The company’s biggest production lies in fertilizers. The company produces a range of fertilizers for both the domestic and foreign

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market. The fertilizer products for the company include nitrogen fertilizers, phosphate fertilizers, potash, and sulfate. On annual basis, the company produces 6.1 million Nitrogen fertilizer tones; 2.1 million tones of potassium fertilizer and 1.3 million tones for phosphate fertilizer (www.icis.com 1). Besides fertilizers which form its biggest dealing, the company produces products that aid in crop protection and also offers services to farmers. To give farmer services, the company has centers all over the 22 states in which it operates. It is from these centers that farmers can access services such as education on the use of fertilizers and the other products. The products of the company need to be stored. For this purpose, Agrium has a storage capacity of 3 million tones. This capacity helps the company store its products to serve farmers during the peak as well as the fall seasons (www.referenceforbusiness.com 2). The company enjoys a very wide market in the United States of America. The market for the products of the company extends beyond the local US market to global market. The company has a very large global market, exporting its products to as far as Africa, middle and Far East, Europe, among other markets. The company is a major retailer of agricultural goods and services in north and South American countries. It has a major market in Canada where it has stores and 12 branch companies; it also has retail outlets in its strategic market locations locally (206 in USA). These retail outlets are the company’s
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Summary

Business Report: Evaluation of Agrium Company for Potential Investors in the Company Company’s Background information Although Agrium Company has come to be popular in the twenty first century, its establishment was in the 20th century, around 1906. Agrium did not initially hold its name…
Business report on Agrium company
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