Latest news with #DominoSugar
Yahoo
24-06-2025
- Business
- Yahoo
Sugar giant ASR Group to close US refinery
Major US sugar supplier ASR Group plans to end operations at one of domestic US refineries. ASR Group, which owns the Domino Sugar brand, is to close its Yonkers refinery in New York state by the end of the year. The group said it was "making strategic operational investments and optimisations to its US business". The refinery, situated on a 22-acre site along the Hudson river, has been in operation for more than 130 years. The group, which also owns brands including C&H, Florida Crystals and Redpath, did not disclose the plant's production capacity nor how many employees might be affected. ARS said the closure of the Yonkers site was "part of its strategy and investments" in its facilities in the north-eastern part of the US. Doug Romain, ASR senior vice president and COO, said: "Our multi-year strategy includes major investments in acquisitions, new facility construction, expansions and modernisation of existing assets as well as capital and process improvement projects that are making our operations and supply chain network even stronger." Last year, ASR acquired US sweetener company IngredientsPlus, with facilities in New York state and Pennsylvania. ASR, meanwhile, is investing in a new bulk transfer and liquid melt station in the north east of the US, which is expected to become operational next year. The company is also expanding its Buffalo plant to double its size and it has put refineries in Louisiana and Maryland into continuous operations to 'gain increased operational efficiencies and improve sustainability'. "Sugar giant ASR Group to close US refinery" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
CBS News
23-06-2025
- Business
- CBS News
Historic Domino sugary refinery in Yonkers to close at year's end. Here's what it could mean for the community.
The historic Domino sugar refinery in Yonkers will close this year, after more than a century in operation. The move has many concerned about the impact to workers and the community. 300 jobs will be lost when Domino sugar refinery closes For the last 25 years, the massive refinery on the Hudson River has been owned by Domino, but it has been turning raw cane into sugar products since at least 1900. A spoonful of sugar won't make the decision to close the plant any more palatable. When it shuts down at the end of the year, it will mean the end of 300 jobs. "Shocked and appalled," eight-year employee Tyrone Antrum said of the decision to close. "Every year we heard rumors of it shutting down, just never thought it would happen. ASR, the corporate owner, says it's part of an "optimization plan" that will shift operations to Buffalo and elsewhere in the Northeast. "It's gonna be a great loss for the community" Yonkers Mayor Mike Spano calls the decision bittersweet. "The fact that they've been there so long is something we've been proud of," Spano said. The plant drives millions in regional economic activity. Domino partners with local nonprofits and employees volunteer many hours at nearby YMCA Community Garden and elsewhere. It was just a few years ago that Domino invested in signage and facade improvements at the refinery, and the general manager said the company looked forward to being in Yonkers "for generations to come." "It's gonna be a great loss for the community due to the fact that they create jobs in the community and they not only help us at the YMCA Community Garden they also help everyone else with an organization. It's gonna be a great loss for all of us,' said the YMCA Community Garden's Lucy Moreno-Casanova. Refinery sits on valuable property, Spano says The plant will likely be torn down. The waterfront property adjacent to Metro-North's Hudson line that it sits on will have developers circling. "Twenty-four acres that it sits on are probably the most valuable property between here and Albany," Spano said. The city and state say they'll work with the company to assist workers facing the sour prospect of unemployment. "Whatever it takes -- I got a family to support, so I'm out here looking already," Antrum said.
