Compass Minerals is a company that produces salt, magnesium chloride and plant nutrients. The publicly traded company trades under the ticker CMP on the New York Stock Exchange. Compass Minerals is the biggest salt producer in North America and the United Kingdom. On January 11, 2019, Compass Minerals America Inc. filed a WARN notification with the Wisconsin Department of Workforce Development. The letter explains that the company will be closing its Kenosha, Wisconsin facility. The plant is located at 4500 13th Court. The process of closing operations has already gotten underway.
It is anticipated that the closing will be finished by April 11, 2019. As a result, the company intends to lay off workers. It is believed that the total number of impacted employees will be 38. The company expects that one employee will be laid off on February 1, 2019. The remaining employees will be terminated on February 22, 2019. 31 of the workers are represented by a union. They will have bumping rights. Non-union employees will be offered severance packages.
Union employees will be paid the agreed upon severance benefits. All workers have already been notified of the pending terminations. The employee separations and closure are expected to be permanent. The full WARN notification can be found here.