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Article: Texas-Based Imperial Sugar Co. Files for Bankruptcy Protection.(Knight Ridder/Tribune Business News)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- January 17, 2001
- Author:
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jan. 17--Since 1843, they've been making sugar in Sugar Land.
In 1906, the cane milling operation became known as the Imperial Sugar Co., and it now calls itself the oldest company in Texas doing business at its original site.
To stay in business, the company on Tuesday filed for Chapter 11 bankruptcy protection.
A combination of sagging prices for refined sugar and the expense of its heavy debt load forced the Sugar Land company -- the nation's largest processor and marketer of refined sugar -- into federal court.
"Over the past 15 to 18 months the domestic sugar market has seen an unprecedented decrease in prices for refined sugar ...
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Article: Third-party purchasing power yields sweet ...
Purchasing;
March 22, 2001 ;
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...When Imperial Sugar Co., Sugar Land, Texas, decided to take a look ... Jackson continues. What Imperial Sugar liked about its concept was the ... of e-procurement services, Imperial Sugar became even more interested ...
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