ASR Group to close Yonkers refinery, part of strategic investments in northeastern US facilities.

From Yahoo Finance: 2025-06-24 06:37:00

ASR Group, major US sugar supplier, to close Yonkers refinery by year-end. Refinery on 22-acre site along Hudson river operated for 130+ years. No production capacity disclosed, impact on employees unknown. Closure part of strategic investments in northeastern US facilities to strengthen operations and supply chain network.

ASR Group, owner of Domino Sugar brand, also owns C&H, Florida Crystals, Redpath. Recent acquisition of IngredientsPlus. Investing in new bulk transfer station in northeastern US, expanding Buffalo plant. Louisiana and Maryland refineries in continuous operations for efficiency and sustainability. Multi-year strategy includes acquisitions, facility modernization, and process improvements.

Senior VP Doug Romain cites major investments in acquisitions, new facilities, and process improvements. ASR Group focusing on strengthening operations and supply chain network. Recent acquisition of IngredientsPlus in US. Investment in new bulk transfer station and expansion of Buffalo plant. Refineries in Louisiana and Maryland in continuous operations for efficiency and sustainability.

Read more: Sugar giant ASR Group to close US refinery