Encyclopedia o f Chicago
Entries : International Minerals & Chemical Corp.
International Minerals & Chemical Corp.

International Minerals & Chemical Corp.

During the first decade of the twentieth century, Thomas C. Meadows, a Tennessee phos phate-mining entrepreneur, founded the International Agricultural Corp. International Agricultural, which had mines and plants in New Mexico and Tennessee, became a leading producer of phosphate rock and fertilizer. In 1941, the company changed its name to International Mineral & Chemical and moved its headquarters from Atlanta to Chicago. By the beginning of the 1960s, when its main offices were in Skokie, the company grossed about $130 million in annual sales and employed over 5,000 people around the country but only a few in the Chicago area. By the end of the 1990s, the company was called IMC Global; it had over $2 billion in annual revenues and employed about 250 people at its corporate headquarters in suburban Northbrook. In the early 2000s, the company's headquarters moved to nearby Lake Forest.