Cameron Chemicals Inc. reports that it has entered into a definitive agreement with Agrium Inc. to purchase the Reese Micronutrient Production Facility located in Reese, Mich. The transaction is anticipated to close in the second quarter of 2015.
The Reese facility will be operated under newly incorporated, Advanced Micronutrient Products Inc. (AMP), and led by Bobby Bowen, John Bowen and Mark Whitfield. Products produced at Reese will continue to be sold under the AMP logo and trademark following the close of the transaction.
Cameron Chemicals Inc., founded in 1987, is headquartered in Virginia Beach, Va., with a production facility in Suffolk, Va. It manufactures of dry granular micronutrients as single elements or as multi element mixes. Its products are marketed and sold through distribution networks located in North America, Europe, Asia and many other countries.