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American Sugar Refining, Inc. is a large privately held cane sugar refining company, with a production capacity of 6.5 million tons of sugar. The company produces a full line of consumer, industrial, food service, and specialty sweetener products. In 2013, it adopted the corporate brand name ASR Group. [2]
In 2001, Domino Sugar officially changed its name to Domino Foods, Inc. [11] The same year, Domino Foods was sold by Tate & Lyle to American Sugar Refining, a new company created in 1998 and unrelated to the prior firm by that name, and the Sugar Cane Growers Cooperative of Florida in a $180 million deal [16] that was closed on November 6, 2001.
He formed the American Sugar Refining Company—a sugar syndicate which, by 1907, was the largest in the world. It owned or controlled 98% of the sugar processing capacity in the U.S. and was known as the Sugar Trust. [1] [2] Allen was treasurer of American Sugar Refining in 1910, its president in 1913, and in 1915 he joined its board of ...
The company, now a major global food and beverage supplier, sold its sugar refining business (including Lyle’s Golden Syrup) to US firm American Sugar Refining, or ASR Group, in 2010.
In the late 19th century, sugar refining in the United States was controlled by the American Sugar Refining Company. The federal government attempted to take antitrust action against the company, but was blocked by the Supreme Court's ruling in United States v. E. C. Knight Co. in 1895. [8]
The legality of the Sugar Trust came before the New York State court in a November 1890 suit, People of the State of New York versus the North River Refining Company. [17] This led the Sugar Trust to reorganize as a holding company, the American Sugar Refining Company, which was incorporated in New Jersey on January 10, 1891, by attorneys Elihu ...
A U.S. judge on Friday ruled in favor of U.S. Sugar Corp's plans to buy rival Imperial Sugar Co, rejecting a Justice Department argument that the proposed deal would drive up the price of sugar ...
After the Sugar Trust was ruled illegal in 1891, Henry Osborne Havemeyer and Theodore A. Havemeyer were elected as chairman and president, respectively, of the American Sugar Refining Company. In May 1896, American Sugar became one of the original 12 companies in the Dow Jones Industrial Average. [4] The company subsequently acquired five ...