Tampa Fertilizer Giant Invest $84M on Brazil Expansion

In a bold and “ambitious” move, Tampa-based Mosaic Co.—a global fertilizer giant—has just invested $84 million to plant its footprint deeper into Brazil’s growing agricultural heart. The new storage and distribution facility opened this month in Palmeirante, Tocantins, a region rapidly rising in the global food supply chain.

From the moment you set foot in Palmeirante, it’s easy to see why Mosaic chose this land of red soil and relentless sun. Brazil already accounts for 40% of Mosaic’s global sales and nearly half of its workforce. Now, with this massive new investment, the company is no longer just exporting fertilizers—it’s becoming part of Brazil’s agricultural DNA.