Rogers Sugar

Last updated
Rogers Sugar
FormerlyRogers Sugar Income Fund
Company type Public
TSX:  RSI
IndustrySugar, Sweeteners, Maple Syrup, Maple Sugar/Flakes, Maple Treats
Headquarters4026 Rue Notre-Dame
Montréal, Québec
H1W 2K3
Key people
Dallas Ross, Chairman
Michael Walton, President and CEO
Mike Walton, COO
Jean-Sébastien Couillard, VP of Finance and CFO
Patrick Dionne, VP Operations & Supply Chain
Number of employees
700
Divisions Lantic Sugar, Rogers Sugar, The Maple Treat Corp, Decacer
Subsidiaries Lantic Inc.
Website www.lanticrogers.com
Rogers Sugar refinery in Vancouver Rogers Sugar Refinery (8110978015).jpg
Rogers Sugar refinery in Vancouver
A bag of Rogers Sugar Rogers sugar.JPG
A bag of Rogers Sugar

Rogers Sugar Inc. is the Canadian holding company of Lantic Inc., which was established in June 2008 after the merger of Lantic Sugar Limited operating in Montreal, QC (Eastern Canada) and Rogers Sugar Ltd. (operating in Western Canada). It is the largest refined sugar distributor in Canada. [1] Established as Rogers Sugar Income Fund in October 1997, the income trust was converted to a regular corporation named Rogers Sugar Inc. in January 2011. [2]

Contents

History

The merged entity of today initially began as separate companies on both the east coast and west coast of Canada. The original Rogers Sugar company was established in Vancouver as the British Columbia Sugar Refining Company in 1890 by its American-born founder, Benjamin Tingley Rogers, [3] whose father was president of E.J. Gay’s Sugar of New Orleans.

Atlantic Sugar Refineries was established in 1912 from the merger of three sugar refineries, including Acadia Sugar Refining Co. (established 1893 in Halifax), [4] [5] and later renamed as Lantic Sugar Limited. The company was owned from 1981 to 1990 by Steinberg's. In 1984, Lantic Sugar acquired St. Lawrence Sugar, which had been established in 1888 in Montreal. [5] Lantic Inc. was created from the merger of Rogers Sugar and Lantic Sugar on June 30, 2008.

On September 28, 2023, 135 employees at the Vancouver refinery walked off the job after issuing a 72-hour strike notice. They had been attempting to negotiate with the employer for six months after their contract had expired. The employer was demanding major concessions in terms of hours of work and benefits. The previous year had the highest EBITDA balance recorded in the company's history. [6]

Facilities

Lantic Sugar plant in Montreal Sucre Lantic.JPG
Lantic Sugar plant in Montreal

The combined company operates the following facilities: [7]

Related Research Articles

<span class="mw-page-title-main">Sucrose</span> Disaccharide made of glucose and fructose

Sucrose, a disaccharide, is a sugar composed of glucose and fructose subunits. It is produced naturally in plants and is the main constituent of white sugar. It has the molecular formula C
12
H
22
O
11
.

<span class="mw-page-title-main">Refinery</span> Production facility for processing raw materials

A refinery is a production facility composed of a group of chemical engineering unit processes and unit operations refining certain materials or converting raw material into products of value.

Falconbridge Nickel Mines Limited was a Canadian mining company with operations in 18 countries, involved in the exploration, mining, processing, and marketing of metal and mineral products, including nickel, copper, cobalt, and platinum. In 1982 the company was renamed Falconbridge Limited. It was listed on the TSX and NYSE (FAL), and had revenue of US$6.9 billion in 2005. In August 2006, it was absorbed by Swiss-based mining company Xstrata, which had formerly been a major shareholder. On 28 October 2007, Falconbridge Limited changed its name to the Xstrata Canada Corporation.

<span class="mw-page-title-main">Imperial Sugar</span> Major international sugar company

Imperial Sugar Company is a major U.S. sugar producer and marketer based in Sugar Land, Texas, with sugar refinery operations in California, Georgia, and Louisiana. 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 Louis Dreyfus Group of the Netherlands. In November 2022, Dreyfus sold Imperial to U.S. Sugar.

<span class="mw-page-title-main">Tate & Lyle</span> British-based multinational agribusiness

Tate & Lyle PLC is a British-headquartered, global supplier of food and beverage products to food and industrial markets. It was originally a sugar refining business, but from the 1970s, it began to diversify, eventually divesting its sugar business in 2010. It specialises in turning raw materials such as corn and tapioca into ingredients that add taste, texture, and nutrients to food and beverages. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Sugar refinery</span> Factory which processes raw sugar into white sugar

A sugar refinery is a refinery which processes raw sugar from cane or sugar extracted from beets into white refined sugar.

<span class="mw-page-title-main">Golden syrup</span> Thick amber-colored form of inverted sugar syrup

Golden syrup or light treacle is a thick, amber-coloured form of inverted sugar syrup made by the process of refining sugar cane or sugar beet juice into sugar. It is used in a variety of baking recipes and desserts. It has an appearance and consistency similar to honey, and is often used as a substitute where honey is unavailable.

<span class="mw-page-title-main">Redpath Sugar</span> Canadian sugar refining company

Redpath Sugar Ltd. is a Canadian sugar refining company that was established in 1854 and the first refining cane sugar in Montreal, Quebec. Headquartered in Toronto, Ontario, the company is a subsidiary of the multinational American Sugar Refining.

<span class="mw-page-title-main">Redpath Sugar Refinery</span> Sugar storage, refining and museum complex in Toronto, Ontario, Canada

The Redpath Sugar Refinery is a sugar storage, refining and museum complex in Toronto, Ontario, Canada. The site is located east of Downtown Toronto, the intersection of Queens Quay and Jarvis Street.

<span class="mw-page-title-main">American Sugar Refining Company</span> Former American manufacturer

The American Sugar Refining Company (ASR) was the most significant American business unit in the sugar refining industry in the early 1900s. It had interests in Puerto Rico and other Caribbean locations and operated one of the world's largest sugar refineries, the Domino Sugar Refinery in Brooklyn, New York.

The Colonial Sugar Refining Company (CSR) began operations in Fiji in 1880 and until it ceased operations in 1973, had a considerable influence on the political and economic life of Fiji. Prior to its expansion to Fiji, the CSR was operating Sugar Refineries in Melbourne and Auckland. The decision to enter into the production of raw sugar and sugar cane plantation was due to the Company's desire to shield itself from fluctuations in the price of raw sugar needed to run its refining operations. In May 1880 Fiji's Colonial Secretary John Bates Thurston persuaded the Colonial Sugar Refining Company to extend their operations into Fiji by making available 2,000 acres (8 km2) of land to establish plantations.

<span class="mw-page-title-main">Montreal East Refinery (Shell Canada)</span> Oil refinery located in Montreal East

The Montreal East Refinery was an oil refinery located in Montreal East and formerly Shell Canada's largest refinery. In October 2010, refinery operations permanently ceased and the facility was subsequently converted into a storage terminal.

<span class="mw-page-title-main">American Sugar Refining</span> Privately held cane sugar refining company

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. Its ownership structure is based on a partnership which includes the Florida Crystals Corporation, part of FLO-SUN, a sugar empire of the Fanjul brothers whose origins go back to Spanish-Cuban sugar plantations of the early 19th century.

<span class="mw-page-title-main">Montreal East Refinery (Gulf Oil Canada)</span> Refinery in Canada

The Montreal East Refinery is a small petrochemical refinery located inside the city of Montréal-Est and inside the Coastal Petrochemical fields. The operator of the refining unit is Coastal Petrochemical.

<span class="mw-page-title-main">Viro (company)</span> Croatian company operating a sugar refinery

The Viro sugar factory, commonly referred to as just Viro, is a sugar refinery based in Virovitica, Croatia.

<span class="mw-page-title-main">Benjamin Tingley Rogers</span> American businessman

Benjamin Tingley Rogers was an American businessman who was the founder of British Columbia Sugar in Vancouver, British Columbia, Canada.

The sugar industry of the United States produces sugarcane and sugar beets, operates sugar refineries, and produces and markets refined sugars, sugar-sweetened goods, and other products. The United States is among the world's largest sugar producers. Unlike most other sugar producing countries, the United States has both large and well-developed sugarcane and sugar beet industries. Refined sugarcane, processed sugar beet, and high-fructose corn syrup are all commonly used in the U.S. as added sugars to sweeten food and beverages.

<span class="mw-page-title-main">Beet sugar factory</span> Manufacturing of sugar beet

A beet sugar factory, or sugar factory, is a type of production facility that produces sugar from sugar beets or alternative plants to sugarcane in making refined sugar. Nowadays, most sugar factories also act as a sugar refinery. The first beet sugar factory was built in 1802.

<span class="mw-page-title-main">Wester Suikerraffinaderij</span> Sugar refinery in Netherlands

The Wester Suikerraffinaderij or Wester Sugar Refinery, was a major sugar refinery in Amsterdam founded by the company Wester Suiker-Raffinaderij N.V. The sugar refinery became part of the Centrale Suiker Maatschappij (CSM) in 1919 and was closed down in 1965. The public company Wester Suikerraffinaderij N.V., which held shares in CSM, survived into the 1990s.

References

  1. "Investor Relations". Rogers Sugar. Archived from the original on September 19, 2008. Retrieved May 10, 2011.
  2. "Conversion".
  3. McDonald, Robert A. J. (1998). "Rogers, Benjamin Tingley". In Cook, Ramsay; Hamelin, Jean (eds.). Dictionary of Canadian Biography . Vol. XIV (1911–1920) (online ed.). University of Toronto Press.
  4. "NovaMuse: Manufacturer: Acadia Sugar Refining Co. Ltd. [7548]". Novamuse.
  5. 1 2 "The Canadian Sugar Institute". www.sugar.ca.
  6. "Rogers Sugar Reports Solid Performance for the Fourth Quarter of 2022; Continued Sugar Segment Strength Drives Record 2022 Full Year Adjusted EBITDA" (PDF). Lantic Rogers.
  7. "Facilities". Rogers Sugar. Archived from the original on June 25, 2011. Retrieved May 10, 2011.
  8. "Rogers Sugar Announces a $110 Million Equity Offering to Fund a Portion of its Sugar Capacity Expansion Project". GlobeNewswire.