MARCH 31, 2004 - Posted at 11:22 a.m. CDT
BLYTHEVILLE, AR - The Terra Nitrogen Company says it will shut down its production facilities at Blytheville by May 31. The plant that turns out nitrogen fertilizer products employs about 75 workers.
The company said in a news release today that the production facilities will be prepared for permanent closure after the shutdown. Terra said storage and distribution facilities at the site will be used as a terminal for ammonia produced elsewhere.
The release said company officials had concluded that expected markets might not justify the investment needed to keep the plant running. The company cited continuing high prices for natural gas needed for the production process, and competition from imports.