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May 22, 2015 4:40 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. The company 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. It also operates an online store that offers general merchandise, meat curing salts, seasonings, sea salts, rust removal systems, and ice melt salts. The company 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. It 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, General Counsel and Corporate Secretary
Vice President of Human Resources
Compensation as of Fiscal Year 2014.

Morton Salt, Inc. Key Developments

Morton Salt, Inc. Announces Executive Changes

Morton Salt, Inc. announced the appointment of Chad E. Walker as Vice President, General Counsel & Corporate Secretary. He succeeds Mary Doohan, who retired on December 31, 2014 after a successful 23-year career with Morton Salt. In this role, Walker serves as chief legal counsel responsible for leading Morton Salt's Legal function across all businesses and operations in the U.S., Canada and the Bahamas. He reports to Chief Executive Officer Christian Herrmann and is a member of the company's executive leadership team. Walker joins Morton Salt from McDonald's Corporation, where he most recently served as Assistant U.S. General Counsel.

China National Salt (Shanghai) Salt Company Signs Strategic Cooperation Agreement with Morton Salt

China National Salt (Shanghai) Salt Company signed a strategic cooperation agreement with Morton Salt. Under the agreement, both parties will work on the development of their joint venture in China, Morton China National Salt (Shanghai) Salt Co. Ltd. As part of the cooperation, the joint venture will import, market and sell a broad range of packaged Morton culinary salts, water softening salts, and Epsom salts across China. In addition to these finished goods, the joint venture is building a new packaging facility in Shanghai to increase its production and distribution of select salt products in China. The new facility is expected to come into operation in March 2015. The collaboration also includes trademark and technology licensing.

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.

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