LIMA — PotashCorp is investing in its local facility and anticipating that its contract employees will spend dollars to help the local economy.
The company’s local plant, located at 2200 Fort Amanda Road, will shut down operations starting Aug. 21 for about seven weeks to finish improvements and plant maintenance, according to a release from the company.
“This project will be one of the most comprehensive in the history of the Lima operation,” according to the release. “The company has invested over $350 million in capital and maintenance spending over the past two years, with this outage being the second of two planned outages.”
PotashCorp produces solid and liquid fertilizers for agriculture at its PCS Nitrogen plant in Lima, where it employs over 150 people.
During the shutdown, about 1,200 contract employees will be on site, contributing to an estimated $6 million in additional local spending.
The expansion, due to more demand for Potash’s product, began in early October, when the first of the two planned shutdowns took place.
Along with the estimated local spending increase, community members can expect increased traffic and more noise, as a shut down and subsequent start up at the plant can be louder than business as usual, according to a previous story in The Lima News. A higher noise level should be expected when the plant starts up again at the beginning of October, according to the release.
Some new equipment is part of the expansion, as is added capacity. The two main parts of the plant will experience growth: the ammonia plant will grow by 110,000 tons per year and the urea plant will grow by 80,000 short tons per year when the expansion is complete, according to a previous article in The Lima News.
Reach Danae King at 567-242-0511 or on Twitter @DanaeKing.