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  • Essay / Central Farmers Fertilizer Company: Business Analysis

    Company BackgroundCF Industries was founded in 1946 and was initially named Central Farmers Fertilizer Company. The company was founded so that farmers could buy fertilizer at a better price from their fellow farmers. The company would benefit from lower prices for fertilizers due to the large quantity purchased. The company fell on hard times during the 1960s and the only reason CF Industries did not go bankrupt was due to the commitment of the owners. Even though CF Industries was in financial trouble, they still found a way to purchase a new phosphate fertilizer plant in Plant City, Florida. During the 1970s, CF Industries began to turn around and during the recovery they changed the name of their company from Central Farmers to what it is. known today as CF Industries. During this decade, CF Industries created new businesses at its nitrogen complex in Donaldsonville and established a new nitrogen complex in Medicine Hat, Alberta. CF Industries did not slow down and continued to grow the best way it knew how, through its distribution capabilities. During the 1980s, activity slowed considerably due to an embargo on goods entering and leaving the USSR. This caused the market to drop drastically almost overnight. The only reason FC Industries has remained afloat is due to the drastic measures taken by the company. They cut expenses by closing mines and laying off employees, which allowed the company to stay afloat while the global economy was struggling due to the Cold War between the United States and the USSR. . The company then just had to wait for the eventual recovery that occurred in the 1990s. Deerfield, Illinois is the headquarters of CF Industries. The address is as follows, 4 Pa...... middle of paper ......s are doing well and over the years have increased. The company has no pending lawsuits currently, which is a good thing. The company as a whole seems to be growing even when the market is down. ConclusionI think this company is a good place to put my money. They existed before the Great Depression and they survived all the economic downturns associated with the Cold War with Russia after World War II. CF Industries has been around for many years and will continue to be around for a long time. They are the highest rated in their industry and are trying to increase their own profits even though the price of their product has dropped through no fault of their own. Enter your information here. The conclusion is where you can express your opinion. Give me more than one or two sentences. Do you think this business is worth it or not and why?