September 27 2022
In the Media

Michigan Potash and Salt Company granted approval of $225 Million in tax-exempt Michigan State Bonds

LANSING, MI – The Michigan Potash and Salt Company took a step Tuesday toward seeking a $225 million tax-exempt bond for construction of its $1.2 billion salt and potash mine in northern Michigan. The Michigan Economic Development Corporation granted the Denver-based company approval for an “inducement resolution” during its Sept. 27 board meeting. This makes private activity bonds issued by a financial institution tax-exempt through the state.

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September 21 2022
Company News

Michigan Potash & Salt Company and Barton Malow Company sign EPC Contract Agreement

EVART, Mich., March 5, 2019 /PRNewswire/ — Michigan Potash & Salt Company, LLC (“Michigan Potash & Salt Company, LLC” or the “Company”) (MPSC) and Barton Malow Company, the largest general contractor in Michigan, (Barton Malow or BMC) are pleased to announce that they have materially completed a definitive agreement for the Engineering, Procurement, and Construction of the Michigan Potash and Salt facility in Western Rural Michigan.

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April 05 2022
Company News

Michigan Potash & Salt Company Signs 100 Percent Offtake Agreement with Agricultural Leader

EVART, Mich. , April 5, 2022 /PRNewswire/ — Michigan Potash & Salt Company, LLC (MPSC) today announced the execution of an offtake agreement with a major United States-based agricultural company to take and distribute 100 percent of its first phase potash fertilizer production. Under the agreement, MPSC and the company will provide U.S. farmers with 650,000 tons annually of ultra-high grade, white potash fertilizer helping to strengthen domestic food security.

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