Compass Minerals invests $45M into fighting wildfires

An Overland Park company with the essential minerals used in the development of fire retardant products used to combat the devastating effects of wildfires is now a minority owner in the next-generation company developing this technology.

Compass Minerals (NYSE: CMP) on Tuesday announced a $45 million equity investment in FORTRESS North America, giving Compass Minerals a 45% minority stake in ownership. Fortress, a next-generation fire retardant company, developed a portfolio of long-term fire retardants…

share:

more energy news

Send Us A Message