Domino Foods
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Domino Foods, Inc. (also known as DFI and formerly known as W. & F.C. Havemeyer Company, Havemeyer, Townsend & Co. Refinery, and Domino Sugar) is a privately held sugar marketing and sales company based in Yonkers, New York, United States, that sells products produced by its manufacturing members. DFI distributes sugar to retailers under four brand names across the U.S: Domino, C&H, Florida Crystals, and Redpath. Its namesake product, the Domino Sugar brand name, whose products are generally sold in two-tone packaging (white on top, yellow on bottom) with blue labeling text, is the best known.[by whom?] Domino Foods is the largest sugar company in the United States.[citation needed]
Landmark Domino Sugar plant in Williamsburg (Brooklyn), New York | |
| Company type | Subsidiary |
|---|---|
| Industry | Food industry |
| Founded | 1807 as W. & F.C. Havemeyer Company |
| Founders | William Havemeyer, Frederick Havemeyer |
| Headquarters | , |
Area served | United States |
| Products | Sugar |
| Parent | American Sugar Refining |
Domino Sugar has been a renowned brand in the United States east coast markets for more than 100 years. The brand name, Domino, was officially adopted in 1901 by a New York–based sugar company. Later, the distinctive yellow bags of Domino Sugar became the highly recognizable packaging of granulated sugar. In recent years, the brand has expanded its portfolio of all-natural sweeteners to include agave nectar. Domino Foods owns three major U.S. refineries, located in Yonkers, New York; Baltimore, Maryland; and Chalmette, Louisiana, with a combined production capacity of 2.2 million metric tons of sugar per year.[1]
History edit
In 1799, William Havemeyer, who had been an apprentice of a London sugar refiner, was hired by Edmund Seaman to manage his sugar refinery in New York City. His brother, Frederick Havemeyer, joined him in 1802.[2] In 1807, the brothers opened their own sugar refining business called W. & F.C. Havemeyer Company on Vandam Street.[2] In 1859, the business moved to the waterfront in Williamsburg, and changed its name to the Havemeyer, Townsend & Co. Refinery. The company processed slave-grown sugar canes.[3] By 1864, the refinery was the most modern of its time.[by whom?] After a fire destroyed the refinery in 1882, the current plant was rebuilt and was the largest sugar refinery in the United States. After the Sugar Trust was ruled illegal in 1891, Henry Osborne Havemeyer and Theodore A. Havemeyer were elected as chairman and president, respectively, of the American Sugar Refining Company. In May 1896, American Sugar became one of the original 12 companies in the Dow Jones Industrial Average.[4]
The company subsequently acquired five additional sugar refineries and changed its official name to "Domino Sugar" in 1900; the name change was officially recognized by the patent office on October 8, 1901.[5] In 1916, Domino introduced individually wrapped sugar tablets.[citation needed]
In 1970, the American Sugar Company was renamed "The Amstar Corporation".[6] In 1975, Amstar sued pizza chain Domino's Pizza for trademark infringement; Amstar won at trial but lost on appeal.[7] Amstar was acquired by Kohlberg Kravis Roberts in 1983; KKR sold Amstar to Merrill Lynch three years later.[8][9] Domino Sugar was acquired by British company Tate & Lyle in 1988.[10]
In 2001, Domino Sugar officially changed its name to Domino Foods, Inc.[6] The same year, Domino Foods was sold by Tate & Lyle to American Sugar Refining (owned by the Florida Crystals Corporation) and the Sugar Cane Growers Cooperative of Florida in a $180 million deal[11] that was closed on November 6, 2001. Florida Crystals, a privately held company, is part of FLO-SUN, a sugar empire of the Fanjul Brothers whose origins trace to Spanish-Cuban sugar plantations of the early 19th century.
In 2009, Domino had its Domino Granulated Sugar and Florida Crystals brands certified as carbon neutral by the Carbonfund.org Foundation. It began including the foundation's CarbonFree partner logo on product packaging.[12] The certification involved carbon offsets as well as changes to the production process.[13] Some commentators noted in response that it was chemically impossible for sucrose (C12H22O11) to be free of carbon.[13][14][15] The company issued a statement to clarify that "CarbonFree" referred to the production process rather than the product itself, and was not the same as the phrase "carbon free".[16]
In 2012, Two Trees bought the Domino Sugar Refinery site in Williamsburg, Brooklyn, New York, for $185 million. In October 2014, several of the buildings at the site were demolished, including the Syrup Shed, the Wash House, the Turbine Room, the Power House, and the Pump House.[17] As of 2023, construction is ongoing to redevelop the refinery into a mixed-use development containing office space, commercial space, residential towers, and parkland.[18]
References edit
- ^ "Domino Sugar - ASR Group". American Sugar Refining. Retrieved 1 January 2020.
- ^ a b Pederson (1999)
- ^ Thomas, Zoe (2019-08-29). "The hidden links between slavery and Wall Street". BBC News. Retrieved 2019-09-02.
- ^ Planes, Alex (April 9, 2013). "What Happened to the First 12 Stocks on the Dow?". The Motley Fool. from the original on November 11, 2019. Retrieved September 15, 2019.
- ^ Diamond, Anna (December 19, 2017). "These Photos of the Abandoned Domino Sugar Refinery Document Its Sticky History". Smithsonian. Retrieved 19 March 2018.
- ^ a b . dominosugar.com. Archived from the original on 6 September 2015. Retrieved 15 June 2015.
- ^ Amstar Corp. v. Domino's Pizza, Inc., 615 F.2d 252, 260 (5th Cir. 1980)
- ^ "Amstar-Kohlberg". The New York Times. 1983-10-22. p. 34. ISSN 0362-4331. Retrieved 2023-04-07.
- ^ "Amstar Sale Plan Reported". The New York Times. 1986-09-19. p. 15. ISSN 0362-4331. Retrieved 2023-04-07.
- ^ Henry, Kristine (2001-06-19). "Profits sour, Domino Sugar for sale". The Baltimore Sun. Retrieved 15 June 2015.
- ^ Berk, Michele (November 6, 2001). "Domino Sugar sale closes". Baltimore Business Journal. Retrieved 15 June 2015.
- ^ "Domino debuts CarbonFree sugar line". Food Business News. Vol. 5. 2009. p. 45. Retrieved 28 December 2020.
- ^ a b Romm, Joe (May 3, 2009). "Offsets gone wild: Domino's Certified Carbonfree Sugar!". ThinkProgress. Retrieved December 28, 2020.
- ^ Taranto, James (September 14, 2012). "A River in Egypt". Wall Street Journal. Retrieved December 28, 2020.
- ^ Bailey, Ronald (September 17, 2012). "Carbon Free Sugar?". Reason. Retrieved December 28, 2020.
- ^ Romm 2009, citing . Domino Sugar. Archived from the original on October 19, 2009. Retrieved December 28, 2020.
- ^ "Domino Sugar Factory Brooklyn - Two Trees Management Domino". The Real Deal New York. 20 October 2014. Retrieved 15 June 2015.
- ^ Cuozzo, Steve (May 24, 2016). "Brooklyn's waterfront future starts with Domino Sugar site". New York Post. from the original on June 21, 2020. Retrieved June 18, 2020.
Additional references edit
- Pederson, Jay P., ed. (1999). "Domino Sugar Corporation". International Directory of Company Histories. St. James Press.
External links edit
- Official website