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TRA

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Hoover's Profile: Terra Industries Inc.
(NYSE:TRA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Terra Industries Inc.
600 4th St.
Sioux City, IA 51101
IA Tel. 712-277-1340
Fax 712-277-7364

Type: Public
On the web: http://www.terraindustries.com
Employees: 938
Employee growth: 7.7%

Terra would be happier if fertilizer prices were a little firma. The company ranks among the leading North American producers of nitrogen fertilizers. Through its North American nitrogen plants, it produces ammonia, urea, urea ammonium nitrate solution (UAN), and ammonium nitrate (AN). Terra operates plants in the US, Canada, and the UK through subsidiaries, joint ventures, and limited partnerships, including Terra Nitrogen, of which Terra Industries owns 75%. The company sells its products to dealers, retailers, cooperatives, and chemical companies. In 2009 CF Industries offered to buy Terra for about $2.1 billion, but Terra's Board turned down the offer.

Key numbers for fiscal year ending December, 2008:
Sales: $2,891.5M
One year growth: 22.5%
Net income: $641.0M
Income growth: 225.7%

Officers:
Chairman: Henry R. Slack
President, CEO, and Director: Michael L. (Mike) Bennett
SVP and CFO: Daniel D. (Dan) Greenwell

Competitors:
Agrium
CF Industries
PotashCorp

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