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Latest US Sugar Corporation Stories

2011-02-14 14:00:00

CLEWISTON, Fla., Feb. 14, 2011 /PRNewswire-USNewswire/ -- The South Florida Ag Expo will be held this weekend in Clewiston. The Expo features the latest innovations in agriculture, and the University of Florida's Institute of Food & Agricultural Sciences (UF/IFAS) will present continuing education classes on-site. "For our first expo, I'm very excited to have over 30 vendors coming to Hendry County," said Roger Harrison, Economic Development Council President and CEO. "Our hope is to...

2011-02-04 12:00:00

CLEWISTON, Fla., Feb. 4, 2011 /PRNewswire-USNewswire/ -- The South Florida Ag Expo will be held Feb. 18 & 19 in Clewiston. The inaugural Expo features more than 30 vendors and the latest innovations in agriculture. The University of Florida's Institute of Food & Agricultural Sciences (UF/IFAS) is partnering with the Expo to present continuing education classes on-site. "In a county where 72.5 percent of the land is related to agriculture, it was a natural fit to create an event...

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2010-04-02 07:28:47

A deal proposed by Florida Gov. Charlie Crist to save the Everglades is in danger now that a Federal District Court Judge has ordered construction of a $700 million reservoir in Palm Beach County to resume. Approximately two years ago, Crist proposed to purchase the Everglades land owned by United States Sugar Corp. for $1.75 billion dollars. At the time, he called it a deal that would rescue the wetlands and would be "as monumental as the creation of the nation's first national park,...

2010-03-31 18:15:00

WEST PALM BEACH, Fla., March 31 /PRNewswire/ -- Federal District Court Judge Federico Moreno today renewed the potential for Everglades restoration to become a reality by ordering the South Florida Water Management District to resume and complete construction of the A-1 reservoir, one of 68 projects authorized under the Comprehensive Everglades Restoration Plan (CERP). Construction commenced on the massive 16,700-acre reservoir, the largest in the world, in 2006 as part of former Gov. Jeb...

2010-03-25 12:32:00

BELLE GLADE, Fla., March 25 /PRNewswire/ -- The following statement was released today by George H. Wedgworth, president and CEO of Sugar Cane Growers Cooperative of Florida regarding the controversial proposed acquisition of U.S. Sugar Corp. lands. "Nearly two years after Gov. Charlie Crist announced his vision of a 'flowway' to reconnect the Everglades by acquiring all the assets of U.S. Sugar Corp. for $1.75 billion, it has become clear that the only way to have real progress on...

2010-03-10 16:28:00

WEST PALM BEACH, Fla., March 10 /PRNewswire/ -- Examination of the latest version of the contract between the South Florida Water Management District and U.S. Sugar Corp. reveals a revised "out clause" that restricts the agency's ability to terminate the contract due to financial shortfalls, resulting in the District having no choice but to raise taxes on the property owners of the following counties: Broward, Collier, Dade, Glades, Hendry, Lee, Martin, Monroe, Palm Beach and St. Lucie,...

2009-08-06 17:37:00

WEST PALM BEACH, Fla., Aug. 6 /PRNewswire/ -- Florida Crystals has supported and continues to support true Everglades restoration. We recognize that restoration of the Everglades is critical for long-term sustainable agriculture in South Florida. As an advocate for true Everglades restoration, we were compelled to challenge, along with the Miccosukee Tribe of Indians, the proposed bond validation to finance the acquisition of U.S. Sugar lands, because it is a gross misuse of public funds...

2009-03-10 17:55:30

Declining tax revenues in Florida have put a $13.4 billion environmental land acquisition at risk, the state Senate's chief budget representative said. Republican state Sen. J.D. Alexander questioned whether the state can afford this deal, The Miami Herald reported Tuesday. The South Florida Water Management District, which draws funding from property tax revenues, may have trouble paying the estimated $100 million annual debt payments required in a deal to purchase land from U.S. Sugar Corp....

2009-02-22 14:52:54

Florida Crystals, which is trying to block a proposed land deal that would benefit rival U.S. Sugar, is seeking to buy its rival's assets, the companies say. Despite employing lobbyists to work against a proposal by Florida Gov. Charlie Crist for the state to buy $1.34 billion in environmentally important croplands from U.S. Sugar, Florida Crystals is hedging its bets by negotiating to buy key assets from its competitor, The Miami Herald reported Sunday. Florida's two largest sugar growers...

2008-12-16 15:16:03

The cost of a $1.34 billion Florida land deal with U.S. Sugar Corp. could reach $3.4 billion once interest on loans has been figured in, a state official said. The South Florida Water Management District board was to vote on the deal that would tie in 180,000 acres of natural water flows between Lake Okeechobee and the Florida Everglades. Since the deal was first discussed last summer the state's revenue projections have dropped and a rival bidder for the land, The Lawrence Group, has...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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