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18:17 EDTIPSU
theflyonthewall.com: Imperial Sugar announces begining construction of Louisiana sugar refinery
Imperial Sugar Company announced the successful closing of a $100M tax-exempt bond offering to finance the new construction of the largest sugar refinery in the United States, creating about 500 construction jobs and 145 permanent jobs in the New Orleans-Baton Rouge area. The refinery will be built adjacent to Imperial's existing Gramercy facility in the Gulf Opportunity Zone, under a federally-backed and state-run program designed to help the region recover from Hurricanes Katrina and Rita. The refinery is expected to cost $120M. Imperial, SUGAR, and Cargill will each contribute $30M to fund construction of the refinery and for operations. The three will equally own the refinery. :theflyonthewall.com



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February 5, 2010
08:34 EDTIPSU
theflyonthewall.com: Imperial Sugar reports Q1 EPS $14.84 vs. consensus of $13.96
Reports Q1 Non-GAAP EPS (55c), consensus estimates are unavailable. Reports Q1 revenue $173.77M vs. consensus $217.86M. :theflyonthewall.com