September 22, 2014 7:29 PM ET

Chemicals

Company Overview of Morton Salt, Inc.

Company Overview

Morton Salt, Inc. produces salt products for consumer groceries, water softening, ice control, agricultural, and industrial use in the United States. It offers food salts, including table salts, gourmet and specialty salts, and seasoned and flavored salts; culinary, pool, meat curing, and industrial salts; water softener salts and softeners; and ice melters. The company also operates an online store that offers general merchandise, meat curing salts, seasonings, sea salts, rust removal systems, and ice melt salts. It offers pantry salts for the kitchen, water-softening salts for the home, ice melt solutions for the winter, and pool salts for use in salt water chlorinators. The company serves...

123 North Wacker Drive

Chicago, IL 60606-1743

United States

Founded in 1848

Phone:

866-595-8917

Fax:

312-807-2899

Key Executives for Morton Salt, Inc.

Chief Executive Officer
Age: 40
Chief Financial Officer and Vice President
Vice President of Operations
Vice President and General Counsel
Vice President of Human Resources
Compensation as of Fiscal Year 2014.

Morton Salt, Inc. Key Developments

Morton Salt, Inc. Opens New Food Lab at its Research & Development Center

Morton Salt, Inc. announced at the Institute of Food Technologists (IFT) Annual Meeting & Food Expo that the company has launched a new food lab at its R&D center in Elgin, IL that is dedicated to exploring the next generation of reduced sodium solutions. The $1 million investment will also bolster Morton Salt's broader R&D capabilities and innovation pipeline. By creating a dedicated food lab at its R&D center, Morton Salt is adding new equipment and 1,300 square feet of innovation space where the company's team of food scientists and technical staff can focus on the ever-changing needs of consumers and customers in the food industry. In particular, Morton will deepen its focus on new product development, enhanced formulations, application testing, and technical support.

Matt Beliveau Joins Morton Salt Inc. as Vice President, Human Resources

Morton Salt Inc. announced that Matt Beliveau has joined the company as Vice President, Human Resources. In this key role, Beliveau is responsible for Morton Salt's Human Resources function and staff across all company operations in the U.S., Canada and the Bahamas. Beliveau reports to Chief Executive Officer Christian Herrmann and serves as a member of the company's executive leadership team. Beliveau joins Morton Salt from General Mills, where he spent more than a decade in human resources. Most recently, Beliveau served as the Human Resources Director for the company's Big G Cereals and Yoplait Yogurt Strategic Business Units. In this capacity, he was responsible for several key focus areas including leadership development, diversity and inclusion, and compensation strategy.

Morton Salt, Inc. Announces Temporary Layoffs

Morton Salt, Inc. said employees who temporarily lost their jobs in September will not return to work this month at the company's facility off Headlands Road. In a notice filed with the state under the Worker Adjustment and Retraining Notification Act, Morton Salt said it closed the facility for maintenance on September 17, putting 78 employees on temporary leave. The company expects to reopen the plant Monday but will not bring everyone back, "due to business circumstances not reasonably foreseeable at the time the facility was temporarily shut down." The company also is cutting two nonunion jobs - a foreman and a lab technician - on October 12. The layoffs include miners, janitors, utility operators and a fork truck operator.

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