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Domino Sugar to open $4M warehouse at St. Bernard Port
Domino Sugar has broken ground on a new warehouse space at the St. Bernard Port.
The $4 million facility will serve as storage space for the company’s refined and finished sugar products from its refinery located in Arabi, a news release said.
Construction of the 80,000 square foot warehouse at 521 Bonita Drive will begin in April, with plans to be fully operational by the end of 2022, the release said. American Sugar Refining, Inc., which operates the refinery, is looking at additional warehouse across the street in the coming years, it said.
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WEST PALM BEACH, Fla., Feb. 17, 2021 /PRNewswire/ American Sugar Refining, Inc., a member of ASR Group, made a strategic investment in Bonumose, Inc. to produce and commercialize lower-cost, plant-based alternative sweeteners tagatose and allulose as part of ASR Group s strategy to provide a variety of products to meet the wide range of consumer needs.
The Series B investment round in Bonumose, a start-up company with innovations in plant-based food ingredients, was co-led by American Sugar Refining and The Hershey Company (NYSE: HSY).
Bonumose developed and patented a production process for high-purity rare sugars, including tagatose and allulose, from low-cost, abundant, plant-based starches. These products have fewer calories than traditional sugars and a negligible glycemic index impact.