Shortcut Navigation:

AFL-CIO Now

Crystal Sugar Shareholders Losing Lots of $$ from Yearlong Lockout

Locking out workers is costing American Crystal Sugar Co. shareholders lots of money.

In the first nine months of fiscal year 2011—the period immediately preceding American Crystal Sugar’s lockout of 1,300 employees—American Crystal’s production costs were $382 million (click on graphic
to expand).

The production costs for the first nine months of this fiscal year shot up $90 million to $471 million. That’s more than a 23 percent increase. During the same period, another sugar beet cooperative, Minn-Dak, saw its costs decrease, dropping 16 percent.

Tell American Crystal CEO Dave Berg to stop wasting shareholders’ money and go back to the bargaining table.

Now.

The email address provided does not appear to be valid. Please check the address entered and try again.
>>
Thank you for signing up to receive our blog alerts. You will receive your first email shortly.

Related Stories

Online Community

Connect With Us

  • Facebook
  • Twitter
  • YouTube
  • Flickr

Get Email from AFL-CIO


Msg & data rates may apply. Text STOP to 235246 to stop receiving messages. Text HELP to 235246 for more information.

Blogs

Join Us Online