CF Industries spent US$21 million in Medicine Hat region last year

CF Industries spent about US$21 million with suppliers in the Medicine Hat region in 2021, not including wages or contracts for natural gas, the company detailed in its recently produced “sustainability report.”

The document, presented March 30 to investors, details the company’s performance in a number of environmental and social areas, including local spending near its 10 major facilities in the United States, Canada and the United Kingdom.

It states that of US$ 53.8 million in contracts related to the Medicine Hat nitrogen facility, 39 per cent of the value was connected to companies operating within an 81-kilometre (50 mile) radius of the plant site.

In total, the company spent US$1.28 billion in similar contracts last year, about one-third alone at its expansion in Donaldsonville, La. Of the total, 51 per cent was considered “local.”