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.
Go deeper with GlobalData
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.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataDoug 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”.
