March 8, 2016
Michigan Sugar Company, maker of Pioneer and Big Chief brand sugars, has acquired the assets of AmCane Sugar LLC, a cane sugar refiner and specialty sugar manufacturer based in Taylor, Michigan. The addition of AmCane will broaden Michigan Sugar’s product offerings and allow it to meet its customers’ requirements for a variety of specialty products and organic sugars.
AmCane’s refinery in Taylor, and its packaging and blending operation in Toledo, Ohio, will increase Michigan Sugar’s revenues by over $60 million and increase its sugar sales volumes by nearly 15%.
Michigan Sugar Company acquires assets of AmCane Sugar LLC
AmCane employs 100 workers at their two facilities and refines a broad line of specialized cane sugar products including: Liquid Sucrose, VLC Liquid Sugar, Evaporated Cane Juice, Large/Coarse Grain Sugar, and Boiled Brown Sugar.
“Acquiring AmCane allows us to expand our value-added offerings,” says Mark Flegenheimer, President and CEO of Michigan Sugar. “Adding cane sugar products to our product lineup will allow us to better serve our customers while maintaining a keen focus on value-enhanced products.” David Rosenzweig, CEO of AmCane, adds, “We are delighted to see AmCane join the Michigan Sugar family. Their strong financial condition will provide AmCane the needed resources to prosper for many years.”
You May Also Like
Current Conditions for
Enter a zip code to see the weather conditions for a different location.
Strong sales lift corn pricesJan 18, 2023
Lawmakers target black vulturesNov 30, 2023
Export Report: A bullish round of resultsNov 30, 2023
USDA exports – China buys soybeans, November 30, 2023Jan 19, 2023