Business is sweet for American Sugar Refining (ASR). The company is the world's largest sugar refiner with a 6 million ton annual capacity. It owns six plants in New York, Maryland, Louisiana, and California as well as Canada's largest refinery and plants in Mexico. Outside North America, it has refineries in England and Portugal. Subsidiary Domino Foods handles marketing for the company's brand portfolio, which includes Domino, C&H, Florida Crystals, Tate & Lyle, and Redpath. In addition to its line of industrial, food service, and consumer sugar products, ASR also offers stevia-, aspartame-, and saccharine-based sweeteners. Florida Crystals and the Sugar Cane Growers Cooperative of Florida own the company.
ASR is part of the vast empire of Florida's first family of sugar, the Fanjuls, who began growing sugar in Cuba in the 1850s. The company has grown through the 2000s by acquiring plants and related operations, mostly from England's sugar giant Tate & Lyle. The latest moved ASR into the EU zone. In late 2010 the company purchased the European sugar refining operations of Tate & Lyle. Use of the brand, which is Europe largest, came with the $314 million deal. – less