Fast-Growing Sucro Speeds Up Sugar Distribution with Purchase of Operating Assets of Marigold, Inc.
The Sugar Producer is Expanding its Operations in Response to Rapid Business Gains
FOR IMMEDIATE RELEASE – December 8, 2021 – To meet the growing demand for its sugar products, Sucro announces the purchase of the operating assets of Marigold, Inc, a distribution warehouse and transfer station strategically located in University Park, Illinois and Atlanta, Georgia.
These facilities in key areas of the country will provide ample storage space and direct access to rail and road transportation for quick turnaround times.
Sucro is taking the age-old sugar industry into the modern world with its innovative micro refining process, a model that is gaining favorability over its entrenched competitors.
It’s also in the midst of a rarely seen expansion, with a new sugar refinery going up at Sucro’s facility in Lackawanna, NY, on the site of the long-shuttered Bethlehem Steel plant.
“Sucro is rapidly growing its processing and distribution network of high value cane and organic sugar products and services, says Jonathan Taylor, CEO of Sucro. “Together with the recently announced sugar refinery in Lackawanna, this purchase will better position Sucro to support its leading organic sugar business, and other high value cane sugar services for its customers”
Products and services from these new locations will be provided under a newly-formed entity, Sweet Life Services, a wholly owned subsidiary of Sucro.
Sweet Life Services will focus on valued added services relating to organic and specialty sugars, and the distribution of cane sugar products.
“Sweet Life Services is ideally positioned to provide industry leading supply chain solutions across multiple platforms, including processing and warehousing for conventional cane, organic sugar and other specialty sugar products,” says Matt Dyer, Managing Partner of Sweet Life Services. “In addition, through its partnership with Amerikoa Ingredients, Sweet Life Services will also provide an enhanced and seamless service experience of other specialty ingredients”
Director of Communications O’Donnell and Associates
Started from scratch in 2014, the minority-owned company is the largest importer of organic sugar in the United States with operations and offices in Miami, Canada, Mexico, the Caribbean and throughout South America. Its innovative approach has racked up a track record of “firsts” in North America, including the first to build a micro-sized sugar refinery, the first to refine imported organic sugar, the first to utilize bulk ocean vessels to ship organic sugar, and the first to integrate two sugar operations on each side of the border.
About Sweet Life Services
This newly formed subsidiary of Sucro Sourcing provides a distribution warehouse and transfer station in two strategically located facilities: University Park, Illinois and Atlanta, Georgia. The service-oriented company will go above and beyond your expectations, with quality product and delivery on time, every time.
About Amerikoa Ingredients
Amerikoa Ingredients LLC is a veteran-owned business established in early 2020 with a vision to become a trusted, loyal, and valuable supply chain solution in the Americas region using an innovative and transparent approach of at origin sourcing. While recognizing the increasing trend and importance, we specialize with a heavy focus on Organic, Fair Trade, Non-GMO and Sustainable Ingredients. Our breadth of resources stretch coast to coast and beyond with support offices and assets also in Asia and Central America.