Oil-Dri surface-mines clay minerals and processes them into sorbent products for consumer, industrial, and agricultural applications. The company operates a vertically integrated business model, controlling mineral reserves of calcium bentonite, attapulgite, and diatomaceous shale in Mississippi, Georgia, Illinois, and California alongside processing and manufacturing facilities. Oil-Dri operates through two segments: Retail and Wholesale Products, and Business to Business Products. The Retail and Wholesale segment produces clay and crystal cat litters sold under the Cat's Pride and Jonny Cat brands, private-label products for retailers, and co-packaged goods for Clorox's Fresh Step brand, alongside industrial absorbents and sports field conditioners. The Business to Business segment manufactures bleaching clays and adsorbents for edible oil and renewable fuel refining, agricultural carriers, and Amlan mineral-based livestock feed additives. Oil-Dri distributes consumer goods through mass merchandisers, grocery stores, pet shops, and online channels, while selling industrial products through direct technical sales, distributors, and agents. The company generates revenue by converting low-cost raw clay into value-added sorbent products sold at a premium to extraction costs.
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