Compass Minerals Reduces Production At Salt Mine In Goderich Due To Strike

Compass Minerals Q1 Profit Rises

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8/20/2012 11:06 AM ET

Compass Minerals International Inc. (CMP: Quote) announced that production at its salt mine in Goderich, Ontario, will be temporarily reduced due to a strike called this morning by the Communications, Energy and Paperworkers Union Local 16-O. The union represents about 380 employees at the mine.

"The company's proposed three-year agreement includes higher wages and attractive benefits and addresses additional jobs associated with the company's investment in new mining technology. When negotiations were suspended by the union, we were in agreement on all issues but one management-rights topic. We're confident that we can work with union leadership to reach a mutually satisfactory agreement," said Angelo Brisimitzakis, Compass Minerals' president and CEO.

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