BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
Michigan Sugar Company is the largest beet sugar processor east of the Mississippi River and fourth largest in the United States. The Company is a cooperative owned by approximately 1,250 sugarbeet growers, employing 450 year-round employees and 1,750 seasonal. It generates over $300 million in direct economic activity annually in the local communities in which it operates. Michigan Sugar Company became a cooperative in 2002 and the Monitor Sugar Beet Growers and Monitor's Bay City factory joined the Cooperative on October 1, 2004. Beginning with the 2004 crop, a single, grower-owned cooperative processed all sugar produced in the State of Michigan. Michigan Sugar Company annually produces nearly one billion pounds of sugar under the Pioneer and Big Chief brand names - "Locally Grown. Locally Owned."
President & Chief Executive Officer
Mark FlegenheimerNumber of Employees 450
Peer Companies
NAICS Code Cane Sugar Refining: 311312
News & Analysis
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michigan sugar co. - All News and Analysis
Imperial Sugar Company and Michigan Sugar Company Announce Revision to Marketing Agreement
- 2005-02-04
SUGAR LAND, Texas -- Imperial Sugar Company (Nasdaq:IPSU) and Michigan Sugar Company today announced that they have reached a tentative agreement, subject to definitive documentation, to amend the exclusive ten-year marketing agreement that commenced with the sale by Imperial of its then subsidiary company in February 2002 to a Michigan...
Michigan Sugar completes purchase of Monitor Sugar
- 2004-11-01
Michigan Sugar has completed the purchase of former rival Monitor Sugar for about $40 million. The company now becomes the nation's third largest sugar beet cooperative, with sales of about $300 million annually. Michigan Sugar became a co-op in 2002, when producers organized to buy the operation from Texas-based...
Michigan Sugar to buy Monitor Sugar
- 2004-09-01
Michigan Sugar, owned by 1,000 Michigan sugarbeet farmers, plans to buy Monitor Sugar Co., owned by Illovo Sugar Ltd. of Durban, South Africa, for $63 million. Monitor is supplied by about 600 farmers. The new company will operate under the name Michigan Sugar, but the co-op will continue to market...
Co-op buys Michigan Sugar - Brief Article
- 2002-05-01
Sugarbeet growers--more than 1,000 strong and organized as Michigan Sugar Beet Growers Inc.--have completed purchase of Michigan Sugar Co. at Carrolton, Mich. The $64.5 million sale took 2 years of negotiations with the owner, Texas-based Imperial Sugar Co. Later this year, the cooperative's 1,038 members from 11 counties will elect...
Imperial Sugar Company Sells Michigan Sugar Company to Michigan Sugar Beet Growers, Inc
- 2002-02-13
Business Editors
Imperial sells Michigan business - Imperial Sugar sells Michigan Sugar - Brief Article
- 2001-08-30
US sugar firm Imperial Sugar Company has agreed to sell its Michigan Sugar operations to Michigan Sugar Beet Growers. Under the terms of the agreement, Imperial Sugar will sell all capital stock. Imperial will continue to market the refined products for a minimum period of ten years. Financial...
Imperial Sugar Company to Sell Michigan Sugar Operations
- 2001-08-17
Business Editors SUGAR LAND, Texas--BUSINESS WIRE--Aug. 17, 2001 Imperial Sugar Company (OTC BB:IPRL) today announced that it has agreed to sell its Michigan Sugar operations to Michigan Sugar Beet Growers, Inc. ("MSBGI"). Under the terms of the Stock and Asset Sale Agreement, the Company will sell to...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mark Flegenheimer | President & Chief Executive Officer |
| Brian Haraga | Chief Financial Officer |
| David Noble | Vice President, Operations |
| Herbert Wilson | Vice President, Operations |
| James Ruhlman | Vice President, Administration |
| Jerry Coleman | Vice President, Marketing |
| Paul Pfenninger | Vice President, Agriculture |
| Chris Grekowitz | Treasurer |
| Wayne Hecht | Secretary |
| Richard Maurer | Director |
| Rick Gerstenberger | Director |
| Thomas Wadsworth | Director |
| Tom Gettel | Director |
| Warren Bierlein | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles Bauer | Vice Chairman |
| David McConnachie | Board of Directors |
| H Christopher Peterson | Board of Directors |
| Thomas Zimmer | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | President & Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice President, Administration | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice President, Agriculture | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Treasurer | Current |
| Michigan Sugar Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Secretary | Current |
| Michigan Sugar Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Board of Directors | Current |
| Michigan Sugar Company | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Michigan Sugar Company | Director | Current |
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