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280:. The company was established in 1843 and has undergone ownership changes multiple times. The current name, Imperial Sugar Company, was established after a change in ownership in 1907. The company went through major expansion through acquisitions beginning in 1988, but filed for bankruptcy in 2001, emerging in the same year and embarking on a downsizing strategy. In May 2012, the company was purchased by
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bankruptcy protection, attributing its problems to lower sales for refined sugar as well as higher energy costs. Then on August 29, 2001, the company emerged from
Chapter 11 and has since turned its focus inward as it downsizes its operations. In 2003, Imperial won the Wharton Infosys Business
400:
announced that one of its subsidiaries would acquire all outstanding
Imperial Sugar stock for $ 6.35 per share and assume $ 125 million in Imperial Sugar debt. The price per share represented a 57% premium over Imperial Sugar's closing price on 30 April. A spokesman for Dreyfus group said the
376:, sugar refinery killed 14 people and injured more than 40. It was likely caused by an overheated bearing on a conveyor beneath the sugar silos, which ignited sugar dust, then spread in a chain reaction of sugar dust explosions in the finished-sugar packaging area of the plant.
380:
had been criticized in a 2006 US Chemical Safety Board report for lack of preparation for such explosions and a safety program that "inadequately addresses dust explosion hazards". As of August 26, 2008, the death toll had risen to 14, with one still in critical condition.
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Transformation Award for innovative use of web technology to help turn around the business. The company no longer refines sugar at its original plant in Sugar Land (the facility was closed in 2003) but its corporate headquarters are still located in its founding city.
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309:. The company was later renamed the Imperial Sugar Company, in an effort to emphasize quality. Up until 1988 the company had only one plant, at its original location in Texas, when they purchased the Holly Sugar Corporation, a
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The company has been headquartered in Sugar Land since its inception. The city itself is named for the company and the company's crown logo is featured in the city's seal. The company was founded in 1843 by
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Since the initial acquisition the company has made several more acquisitions that effectively doubled the corporation's size each time. The company's name returned to
Imperial Sugar Company in 1999.
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sugar refinery in 1916–1917, had been acquired by
Imperial Sugar in 1997. At the time of its purchase, the Port Wentworth refinery was the second-largest sugar refining operation in the U.S.
425:
and would “leave an overwhelming majority of refined sugar sales across the
Southeast in the hands of only two producers”. Imperial Sugar and US Sugar stated that they disagreed with the
343:, two buildings of the Sugar Land factory were demolished by controlled explosion to facilitate the development of the property for residences, business properties and park land.
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On July 13, 2023, 7he 3rd U.S. Circuit Court of
Appeals in Philadelphia rejected the U.S. government's claim that the merger violated antitrust and refused to undo the merger.
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refinery to
Louisiana Sugar Refiners, LLC (LSR) for a one-third interest in the new company. LSR commenced operations on
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317:. At that time Imperial Sugar Company became Imperial Holly Corporation and began publicly trading on
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749:"Justice Department sues to block big sugar merger, warning of price hikes and supply chain strains"
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https://news.yahoo.com/s/ap/20080224/ap_on_re_us/refinery_blast;_ylt=AuK1s0YeJOlkPSBv7knUTJGs0NUE
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acquisition was part of the company's efforts to expand into refining and distribution of sugar.
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http://www.ajc.com/metro/content/metro/stories/2008/02/24/RefineryBlast_N0406.html
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Louisiana Sugar
Refining facility touted as 'an important project for the state'
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354:. Imperial continues to operate a small-bag processing facility at Gramercy.
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US Sugar completed the $ 315 million purchase of
Imperial in November 2022.
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Imperial Sugar
Commercial, no.2, from the Texas Archive of the Moving Image
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and passed through a series of owners until its purchase in 1907 by the
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694:"Louis Dreyfus to take Imperial Sugar private in $ 78 million deal"
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528:"President and CEO of Holly Sugar Reflects on Sidney Holly Sugar"
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of the Netherlands. In November 2022, Dreyfus sold Imperial to
775:"U.S. Sues to Block Louis Dreyfus Deal to Sell Imperial Sugar"
828:"Appeals court will not undo US Sugar-Imperial Sugar merger"
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In 2010, Imperial exchanged its aging nineteenth-century
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Companies that filed for Chapter 11 bankruptcy in 2001
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The former Imperial Sugar factory in Sugar Land, Texas
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Convict Leasing and State Account Farming (1883-1909)
506:. College Station: Texas A&M University Press.
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The former Sugar Land Refinery in Sugar Land, Texas
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429:lawsuit and that they fully intended to litigate.
826:Bartz, Diane; Stempel, Jonathan (July 13, 2023).
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413:and Imperial Sugar announced their intentions to
242:The state of Texas purchased the property of the
210:The old Sugar Land Refinery in Sugar Land, Texas
234:Another view of the sugar factory in Sugar Land
651:9 February 2008. Retrieved on 9 February 2008.
464:Imperial Sugar Technology Center in Sugar Land
421:who claimed in a statement that the deal was
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966:1843 establishments in the Republic of Texas
961:Food and drink companies established in 1843
721:"Imperial Sugar acquired by private company"
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25:
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643:"At least 8 dead in blast at sugar plant"
417:the two companies. They were sued by the
246:(Imperial State Farm) from Imperial Sugar
902:Imperial Sugar Company corporate website
802:"US Sugar Corp. finalizes Imperial deal"
971:Companies formerly listed on the Nasdaq
773:McLaughlin, David (November 23, 2021).
747:Breuninger, Kevin (November 23, 2021).
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503:Sketches from the Five States of Texas
919:Dixie Crystals brand consumer website
914:Imperial Sugar brand consumer website
364:2008 Georgia sugar refinery explosion
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956:Companies based in Sugar Land, Texas
951:Sugar companies of the United States
452:Imperial Sugar offices in Sugar Land
384:The plant, originally built as the
392:Acquisition by Louis Dreyfus Group
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16:Major international sugar company
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800:Sterk, Ron (November 30, 2022).
556:"Imperial Sugar Company History"
488:Texas State Library and Archives
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620:, Wednesday, February 3, 2010.
490:. Retrieved on April 29, 2011.
1:
981:2012 mergers and acquisitions
719:Kaplan, David (May 1, 2012).
630:Louisiana Sugar Refiners, LLC
398:Louis Dreyfus Commodities LLC
74:; 181 years ago
692:Koyitty, Bijoy (May 2012).
313:processor headquartered in
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405:Acquisition by U.S. Sugar
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419:US Department of Justice
331:, the company filed for
374:Port Wentworth, Georgia
924:Imperial Sugar Company
682:Imperial Sugar Website
604:Plans for development.
260:and marketer based in
251:Imperial Sugar Company
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20:Imperial Sugar Company
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806:foodbusinessnews.net
500:A.C. Greene (1998).
372:, an explosion at a
578:"Houston Chronicle"
348:Gramercy, Louisiana
299:Samuel May Williams
282:Louis Dreyfus Group
90:Samuel May Williams
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907:2014-04-26 at the
409:In November 2021,
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172:490,000,000 (2011)
127:848,000,000 (2011)
929:Handbook of Texas
726:Houston Chronicle
700:. Thomson Reuters
558:. FundingUniverse
341:December 19, 2010
262:Sugar Land, Texas
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157:53,400,000 (2011)
142:50,200,000 (2011)
100:Sugar Land, Texas
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244:Central Unit
164:Total assets
95:Headquarters
34:Company type
894:Food portal
781:. Bloomberg
253:is a major
54:: IPSU
945:Categories
698:Reuters US
588:2010-12-19
538:2021-02-23
470:References
333:Chapter 11
311:sugar beet
305:family of
286:U.S. Sugar
270:California
183:U.S. Sugar
149:Net income
38:Subsidiary
926:from the
732:April 25,
704:April 25,
427:antitrust
307:Galveston
278:Louisiana
46:Traded as
905:Archived
562:June 15,
411:US Sugar
111:Products
59:Industry
833:Reuters
785:14 July
758:14 July
439:Gallery
292:History
274:Georgia
264:, with
189:Website
121:Revenue
87:Founder
77: (
69:Founded
931:Online
510:
319:Nasdaq
276:, and
178:Parent
52:Nasdaq
415:merge
115:Sugar
841:2023
813:2023
787:2022
760:2022
753:CNBC
734:2014
706:2014
564:2017
508:ISBN
378:OSHA
255:U.S.
198:.com
170:US$
155:US$
140:US$
125:US$
79:1843
72:1843
486:."
368:On
339:On
327:On
194:www
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