Saturday, January 4, 2014

Florida sugar companies now have a global presence | www.mypalmbeachpost.com

Just how large is big sugar? Click title for link to article which talks about how sugar has expanded here in western Palm Beach county and what a big player it is.
ASR, founded in 1998 as American Sugar Refining Inc., is jointly owned by the cooperative’s 46 growers and West Palm Beach-based Florida Crystals Corp, owned by the Fanjul family of Palm Beach. ASR’s goal was to begin the large-scale refining of their raw sugar.
Today, following a series of acquisitions, the company annually ships more than 4 million tons of sugar packaged under some of the world’s best-known brands to customers in 80 countries. Its revenues are more than $5 billion a year, and it has close to 4,000 employees worldwide.